Answer:

Additional Voluntary Contributions (AVCs) give you the option to pay contributions to build up additional retirement funds. These are administered by The Prudential (This link opens in a new window).

Answer:

You can find out more by visiting their website at www.pru.co.uk/connect (This link opens in a new window). You can also speak to Prudential’s Retirement Specialists team on 0345 600 0343, Monday to Friday, 8.30am to 6pm.

Answer:

You can contact Prudential by calling 0345 600 0343 Monday to Friday, 8.30am to 6pm. You can also visit their website at www.pru.co.uk/connect (This link opens in a new window)

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Answer:

The In House AVC facility is administered by Prudential so you should contact them with any queries regarding the amounts that may become payable.

The address for enquiries is:

Prudential Teachers’ AVC
Prudential
Lancing
BN15 8GB
Telephone: 0345 600 0343 (Mon-Fri, 8.30am-6pm)
Website: www.pru.co.uk/connect (This link opens in a new window)

Answer:

Payment of your teachers’ AVC benefits is not linked to payment of your pension from Teachers' Pensions. You could access your teachers’ AVC at any time from age 55. If you have a Free Standing AVC arrangement you’ll need to contact the AVC provider as their rules can vary.

Answer:

No. It’s not possible to purchase Additional Pension in the Teachers' Pension Scheme with funds accrued under either an AVC, or Free Standing AVC arrangement, or by using a tax-free lump sum from another pension arrangement.