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LGPS Clerical Medical AVC AMC

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Looking to start an AVC with the LGPS and cannot for the life of me find any reference in the online pack to the annual charges for the funds/platform. They use Clerical Medical as a provider, the general fees are available  on the Clerical website but not sure if the LGPS has a special agreement on the charges.
Anybody aware if it is the same charges for all LGPS schemes with Clerical Medical?
Thanks

Comments

  • phynix_uk
    phynix_uk Posts: 36 Forumite
    Third Anniversary 10 Posts
    I can't provide the exact AMC but they are very cheap and there's not a lot between the various AVC providers with the LGPS. The main advantage is the link between the AVC and the main DB scheme, affording you the ability to potentially draw up to 100% of the AVC out tax free compared to the standard 25% when drawing the main scheme benefits.
  • draiggoch
    draiggoch Posts: 155 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Thanks Phynix, I'm aware of the benefits of using the AVC it's just difficult to find the correct information on charges. I'll see if the local LGPS administrators have more info. Just wanted an idea in relation to which funds i'm going to use.
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