If you've already started saving through your company pension plan, the next question to consider is whether you're saving enough. If you want to enjoy the same standard of living when you retire as you enjoy today, you will probably need to top up the benefits from your company pension scheme. Through contributing to AVC’s you can reduce your income tax bill.

You can choose your level of contribution and you have the option to increase or reduce them. You can contribute lump sums each year instead of regular premiums depending on your preference

You can choose where you want your money invested, and change at any time. A wide range of funds are available to suit both the cautious and the more ambitious investor, and as they are pension funds they all grow totally free of tax.