He helped us with additional voluntary contributions
and things like that, and reassured us about our pension concerns and investments.
Q I'M due to retire in September 2010 but would like to work a little longer while drawing benefits from my company occupational pension scheme and my additional voluntary contributions
n Look to top up your pension pot: another pounds 613 million could be saved by optimising contributions to personal or company pension schemes, or by making Additional Voluntary Contributions
He had a lump sum from the additional voluntary contributions
he paid into his pension, and a redundancy package.
Most of the rest went either long-term savings - such as extra personal pensions, additional voluntary contributions
to company pensions and life policies - or straight into bank savings accounts.
Employees in occupational pension schemes - the ones run by your employer - can boost the amount of cash received on retirement by making additional voluntary contributions
each month known as AVCs.
Q: I am in my employer's pension scheme, but 20 years ago I also started paying Additional Voluntary Contributions
into a top-up scheme run by Axa Sun Life.
If You Save: Top up your pension pot - pounds 656m could be spared by optimising contributions to personal or company pension schemes, or making Additional Voluntary Contributions
Pension scheme members are also worried the final salary and additional voluntary contributions
schemes will be closed and benefits for those retiring early will be reduced.
But Inland Revenue figures show the average personal contribution to personal pensions and additional voluntary contributions
(AVC's) for this age group is a paltry pounds 693 per year, including basic rate tax relief.
Thirteen years ago, I joined a non-contributory pension scheme and since then, I have been paying pounds 40 per month in additional voluntary contributions
COMPANY PENSION SCHEMES: Your pension is unlikely to be affected, but if you have additional voluntary contributions
, there is cause for concern.