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AVC Flexi plan and Bonus plan

Royal Mail pension news and discussion.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser.
RobertT
EX ROYAL MAIL
Posts: 6647
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: AVC Flexi plan and Bonus plan

Post by RobertT »

When taking their pension, members will need to chose which option they want to take, like max pension, max lump sum, etc. It's only after that decision has been made that AVC's are factored into the quotes.

So AVC's aren't included on the initial quotes because neither RMPP or RMSPS know which option you're going to chose.
They are included on the second quotes! :cuppa
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