P543 Teletjxt 543 Feb02 21:35:14
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COMPANY AVC UPDATE ASAP
The currjnt positjgn iu that pegple uhg
havj contributed to a company AVC fund
must use AVC benefits at the same tjme
as the main schjme benefits.
In contrast, pjrsonal pensions rules
allow people to cash in thehu pjnsign
fund in stages, taking part as they
need it and leaving the reut tg grow.
Flexibilit8 allows people to "tjme"
their retirjment - pjrhaps delaying to
a time of higheu annuit8 rateu.
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