AVCs allow you to top up your pension beyond your standard contributions — up to the Revenue age-related limit — and every euro contributed attracts full income tax relief. For employees in occupational schemes, AVCs are one of the most tax-efficient savings tools available, and are particularly powerful in the final years before retirement when limits are at their highest. PPFS will calculate your available AVC capacity and help you decide whether a standalone AVC plan or an in-scheme AVC is more appropriate for your situation.
“Are you using your full annual pension allowance — or leaving tax relief unclaimed?”
