Joint pension query

jamesd

Your local authority won't be able to provide you with proper advice on this, maybe not any at all. They probably are not regulated to give such advice and if so, can be expected to refuse to say more than giving a factual description of the offerings they provide.

You can get a good deal more than just 2% from equity income funds, commercial property funds and bond funds, tax free if held within a S&S ISA. A fairly cautious assumption with such investments is to take just 4% as income without much chance of capital value drops, with 6% likely to have a gradual drop in value.

jem16

jamesd wrote: »

Your local authority won't be able to provide you with proper advice on this, maybe not any at all.

They will not provide advice but they will provide actual information which is what the OP needs as regards the AVC rules for amount of salary able to be paid into an AVC.

Happychappy

Thanks, yes I meant I will speak to the finance department to see exactly what I can and cannot do, they hopefully will have written information on the AVC scheme, I appreciate they will not give advice, I will seek that elsewhere. Thanks again