telent Pensions
The website for members of the GEC 1972 Plan
telent Pensions
The website for members of the GEC 1972 Plan
Location: About Your Pension -> A V Cs
You can choose to make Additional Voluntary Contributions (AVCs) in addition to your normal contributions to the Plan. These (tax deductible) payments are invested in funds you choose from a list pre-selected by the Trustee. When you retire, your AVC fund is used to provide additional benefits over and above your main Plan entitlement.
This provides security over the amount originally invested and stable returns. Money is invested with Building Societies, banks and other leading institutions. The aim is to produce a return in excess of the prevailing interest rate target for short term cash deposits.
Designed to protect the level of retirement income, particularly for those members nearing retirement age, by investing in fixed interest investments, e.g. Government Bonds.
Designed to provide growth over the longer term with a general mix of UK and Overseas equities, property, fixed interest and cash deposits.
Designed to provide long term capital growth with a broader mix of UK and Overseas equities.
Designed to provide long term capital growth with a focus on UK equities.
The primary aim of this fund is to provide stable and consistent returns above inflation, over the longer term, whilst maintaining an appropriate level of financial security.
If you require further information regarding AVC Funds, it can be found in the 
AVC Investment Guide.
