At retirement, you have a number of choices about how to use your AVCs. Most members will choose to use their AVCs to fund their tax-free cash sum at retirement which means that they don't need to give up as much of their DB pension. When you ask for a retirement quotation, the quotation will assume that you wish to use your AVCs in this way.
However, as your AVCs are a DC benefit, you also have the same options available to you as other DC section members. You can find more information about these options on the DC section of our website by clicking here.
Help and advice
The Trustee strongly recommends that you take financial advice before making a decision about your pension. Our Help and advice page sets out a range of services you may wish to use.