• You can choose to pay a set percentage of your salary (up to a maximum of 50% of your pay), or a set amount.

• AVCs are flexible - you can easily change your payments, take a break, or stop paying at any time.

• You build up a personal fund. The size of this fund will depend on how much you've paid in, and how well investments have performed.

• Each AVC provider offers a number of different investment choices.

• When your scheme benefits are paid you can choose to buy extra pension with your Fund or take some (or possibly all) of your AVCs as a lump sum. The amount you can take as a lump sum is subject to certain limits.

• Your employer will deduct these extra contributions from your salary and pay them over to the AVC Provider. These will attract tax relief if you pay tax.

• You can choose to buy extra life cover with your AVCs through Prudential. A Life Cover application pack can be obtained by contacting Prudential.

For more details about each WYPF AVC Plan, contact:


Prudential: call Prudential’s Pension Connection on 0845 607 0077 or
email wypf@prudential.co.uk


Scottish Widows: call 0845 733 0805
For further information look on the WYPF microsite on the Scottish Widows website


Before reaching any decision, you should consider seeking Independent Financial Advice.