Savers ignore tax benefits of AVCs

clock •

Savers are missing out on £742m extra tax relief this year by not making additional voluntary contributions, according to unbiased.co.uk.

Research by the professional advice website found higher rate taxpayers who are members of an occupational pension scheme will miss out on £742m by failing to take advantage of AVCs. Chief execu...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Budget 26: Industry welcomes 'quiet' and 'low-key' Budget for pensions

Budget 26: Industry welcomes 'quiet' and 'low-key' Budget for pensions

Industry says government may be ‘keeping its powder dry’ ahead of Pensions Commission’s final report

Martin Richmond
clock 28 October 2026 • 5 min read
Budget 26: Government confirms changes for DC consolidation and retirement frameworks

Budget 26: Government confirms changes for DC consolidation and retirement frameworks

Government says the changes will be introduced in the Finance Bill 2027/28

Holly Roach
clock 28 October 2026 • 1 min read
Budget 26: State pensioners to be shielded from income tax

Budget 26: State pensioners to be shielded from income tax

State pension expected to rise to £13,036

Sophia Panayi
clock 28 October 2026 • 2 min read
Trustpilot