The Prudential- Fund Charges in the AVC Scheme | Shropshire County Pension fund

Shropshire County Pension fund

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The Prudential- Fund Charges in the AVC Scheme

Posted on by Admin-2

If you are a member of the Shropshire County Pension Fund who chooses to purchase Additional Pension Contributions (AVCs) with The Prudential, please make sure you read the below message.

The Prudential have updated some of their funds

As mentioned in a previous news post, The Prudential have recently carried out a review of the charges within Local Government Additional Voluntary Contribution (AVC) arrangements.

As a result, The Prudential are reducing the annual management charge for most of the unit linked funds available by 0.1%. This change will be implemented on 1 March 2018.

Any Shropshire County Pension Fund members who have AVCs with The Prudential, and who are affected, will be sent a letter from The Prudential in early March confirming these changes.

If you have any questions, or want to know more about this, you can call The Prudential’s Retirement Specialist Team on 0800 028 1493. Lines are open Monday to Friday, 9am-6pm. You can also visit The Prudential’s website for further information.

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