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AVC self-management choices ..

06 Jun 2019, 18:02

Helo! I wonder if anyone might be able to offer thoughts on this. I've been with RM almost 3 years and recently moved onto the sun-kissed slopes of AVC, moving from 6% of my part-time earnings to 30%. I'm now looking at taking the full pension pot sum out of the default 10-year hows your father, into the more self-managed area.

I am aware of the charts and the fund fact sheets, what I am confused about is which funds are available to me.

Until today, I thought the funds on this page would be my AVC self-selected options: http://webfund6.financialexpress.net/cl ... eID=443712

But the lovely lady at Zurich today pointed me at this: http://webfund6.financialexpress.net/cl ... eID=261501

The fund fact sheets offer slightly different info, as well. Anyone got any thoughts?

AVC self-management choices ..

06 Jun 2019, 18:18

I did the same recently, started paying a decent amount into AVCs and moved everything out of the lifestyle option into "Inflation Linked Bonds" (one of the options in the 2nd link you provided).

The investment choice is, of course, down to your attitude to risk, number of years to retirement and any other provision you may have. I have some other pensions, one of which is primarily invested in shares so I have decided to focus my RM DC pension pot on more cautious option to provide overall balance (I have been with RM 2 years and aim to do 10 years service max, maybe less).

AVC self-management choices ..

06 Jun 2019, 18:53

south London postie wrote:Helo! I wonder if anyone might be able to offer thoughts on this. I've been with RM almost 3 years and recently moved onto the sun-kissed slopes of AVC, moving from 6% of my part-time earnings to 30%. I'm now looking at taking the full pension pot sum out of the default 10-year hows your father, into the more self-managed area.

I am aware of the charts and the fund fact sheets, what I am confused about is which funds are available to me.

Until today, I thought the funds on this page would be my AVC self-selected options: http://webfund6.financialexpress.net/cl ... eID=443712

But the lovely lady at Zurich today pointed me at this: http://webfund6.financialexpress.net/cl ... eID=261501

The fund fact sheets offer slightly different info, as well. Anyone got any thoughts?

You're in the DC scheme, so the funds in second link you provided are the ones you can invest your money into.
You can find out a little bit more about these funds here.

The first link is for those in the RMPP and wish to pay AVC's to enhance their tax free cash(the usual use) when taking their DB benefits.

AVC self-management choices ..

06 Jun 2019, 20:58

Robert, thanks for the information and that link. All prepped for the phone call tomorrow :)

itinerant, yep, no one to blame but ourselves now ... :crazy: I've left it all far too late so will likely treat it as a mid-career decision.

Will also ask Zurich about Flexiplan and Bonusplan as I got side-tracked with this.

AVC self-management choices ..

07 Jun 2019, 04:20

south London postie wrote:Robert, thanks for the information and that link. All prepped for the phone call tomorrow :)

No problem! :thumbup

Will also ask Zurich about Flexiplan and Bonusplan as I got side-tracked with this.

Flexiplan & Bonusplan are for RMPP members.
As a DC member all your contributions, including anything over the 6% standard amount, go into one pot via whichever fund/s you invest in.

AVC self-management choices ..

08 Jun 2019, 01:19

I have now *re-positioned* to my Bat Out of Hell Strategy :d'oh! :Boo hoo! Thanks again fr the pointers :thumbup

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