Using AVCs at retirement

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.

Free guidance

Pension Wise is a free and impartial service from MoneyHelper that provides guidance to anyone with DC pension savings. We recommend that you use this service to get guidance and support with your retirement planning decisions. If you are over the age of 50 you can book a free Pension Wise appointment, you can find further information at

Please note that this is only guidance and the Pension Wise service cannot provide advice.

Under you are under age 50 or only have DB pension benefits, you can still use MoneyHelper to help answer any questions that you have about your pension. Find out more from the MoneyHelper website at