AVCs and money purchase benefits
Did you pay Additional Voluntary Contributions (avcs) or do you have money purchase benefits?
The Trustee needs to tell you some information in respect of these benefits.
These types of benefits are referred to as Defined Contribution (DC).
The Trustee carries out an annual review of the Scheme's DC arrangements. Further information on some of the areas it looks at are set out below.
The full assessment, information about charges and example illustrations are contained in the Chair’s DC Statement, part of the Trustee’s Report and Financial Statements.
You can find the Chair’s DC Statement via the link below, on Benpal or be provided with a hard copy version upon request from Mercer.