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Additional Voluntary Contributions Query

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minnie76 | 11:52 Sat 02nd May 2020 | Business & Finance
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i am looking to save £100 a month into an AVC, my employer has advised they use Standard Life & Clerical Medical.

How do i know which is the best to use? Any tips or suggestions would be really helpful thanks
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You could ask what the charges are and then get some other quotes. But if the employer has a link up with SL&CM I'd use them as the employer would do the admin and may have negotiated a bulk fee rate
https://www.pensionsadvisoryservice.org.uk/about-pensions/pensions-basics/workplace-pension-schemes/defined-contribution-avcs-and-fsavcs

The above link may help you, normally if you use your Co scheme they cover the set up costs. If you need more help for free, you can telephone them. Their freephone number is at the bottom of the page.

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