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Group pension scheme
What is it?
A group pension scheme is a pension provided by an employer.
Group pension scheme benefits
- Employers can attract and retain good staff
- Great tax advantages for employers and employees
- Reward loyal employees in a tax-efficient way
- Tailor the pension scheme to provide cost effective life assurance and disability benefits
Addtional Voluntary Contributions (AVCs)
If you are a member of an occupational pension scheme, then a Group AVC scheme can be set up so you can improve the benefits you receive on retirement.
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