Are you a member of the Local Government Pension Scheme?
If so, there’s an easy way to save more money for your future. It’s called the Shared Cost Additional Voluntary Contribution scheme, or Shared Cost AVCs, for short.
If you are interested to know more, sign up with My Money Matters and see how a Shared Cost AVC could work for you.
The online My Money Matters platform provides tailored financial education, support and services; from AVCs to budgeting, to insurance – they’ve got you covered.
Once registered you can also take advantage of helpful tools such as the Shared Cost AVC calculator where you can work out how much Shared Cost AVCs will cost you from your pay, and how much your pot could be worth at retirement.
A Pension is a long-term investment, the fund value may fluctuate and can go down. Your eventual income may depend upon the size of the fund at retirement, future interest rates and tax legislation.
