Can I use AVC WISE or Do I have to use Prudential with regards to my AVC?

daveyjp

Venomspread3r said:

Hey @OldBeanz thanks for the reply it's appreciated I guess that picks for me haha!! 

Interesting that you say go for a % that grows the amount with inflation - what sort of % would you be looking at personally if it was you ? 

It used to be the case that with AVCWise you couldn't select a percentage of monthly salary paid into the AVC under salary sacrifice scheme, it had to be a fixed amount each month so check that detail with them.  Its not really an issue.  Set your own percentage and if salary increases you can increase your payment accordingly.

Pru are now part of M&G and the problems reported a few years ago now appear to have reduced significantly.

Venomspread3r

Just going through my application on my money matters AVC and deciding what allocation of my money to have them take on pay day In this example is it the £111.68 or £155 taken from my wages?

Thankyou 

NoMore

As its Salary Sacrifice, they are saying that they will reduce (exchange) your Gross wages by £155, which in reality will only lead to a reduction of £111 of your net pay. So £155 will land in your Pension and you will lose £111 of your take home.

Venomspread3r

That's fantastic I'd budgeted for the 155 so may as well go for that thanks @NoMore