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Looking into furthering my savings.
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HR got back to me with my statement to date, no details on the AVC side of things. According to the report I'll have to contact my scheme provider, which is alpha.0
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The other thing to consider is your wife's pension situationNo.79 save £12k in 2020. Total end May £11610
Annual target £240000 -
It is definitely not too late to invest at only 33 but as others have said maybe exploring extra pension payments would be a good idea. Is it a civil service pension if it s Alpha?I’m a Forum Ambassador and I support the Forum Team on the Debt free Wannabe, Budgeting and Banking and Savings and Investment boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
Save £12k in 2026 Challenge £12000/£6000
365 day 1p Challenge 2026 £667.95/£220
Click on this link for a Statement of Accounts that can be posted on the DebtFree Wannabe board: https://lemonfool.co.uk/financecalculators/soa.php0 -
The civil service pension is very good. I would explore overpaying that first.I’m a Forum Ambassador and I support the Forum Team on the Debt free Wannabe, Budgeting and Banking and Savings and Investment boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
Save £12k in 2026 Challenge £12000/£6000
365 day 1p Challenge 2026 £667.95/£220
Click on this link for a Statement of Accounts that can be posted on the DebtFree Wannabe board: https://lemonfool.co.uk/financecalculators/soa.php0 -
Interesting. Had never looked into AVC's with my pension. I'll message the company that run it next week & see what they say.0
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