Additional Voluntary Contributions (AVCS) Application form

Please complete this form and press submit. The form will then go to Pearson People Services (PPS) to be actioned. You will receive a confirmation email shortly.

    Personal information

    The normal retirement age of the Plan is 62. This is used to both provide retirement illustrations and as the basis of the automatic fund switching process if you are in any of the lifecycle options. You can choose a retirement age between 55 and 74. Please confirm your preferred retirement age below:

    You can choose to make additional voluntary contributions (AVCs) either monthly and/or as a single payment. Please note: AVCs may only be deducted via payroll (cheque payments are not accepted).

    Monthly payment


    OR

    Please note, changes cannot be made part way through the month and if PPS receive your form after payroll cut off (normally around 5th of the month), the change will not be actioned until the following month.

    Single payment

    If you wish to make a large non-regular contribution which exceeds your gross monthly pay, you will need to spread this over more than one month.

    Please note that before deciding to make/amend AVCs we would recommend that you check your Annual Allowance and Lifetime Allowance limits. You can find further information about the Annual Allowance and the Lifetime Allowance on the My Contributions page or the HMRC website http://www.gov.uk/tax-on-your-private-pension

    Investment selection

    Unless you have previously self selected your AVCs funds, your contributions will be automatically invested in the cash lifecycle option. If you do not wish to remain in the cash lifecycle option you can select alternative funds by accessing the ‘Update investments’ function available on the Aviva membersite at http://www.aviva.co.uk/membersite

    Your declaration

    Data protection

    The Trustee, as the controller under the EU General Data Protection Regulation, uses certain personal information about you to (amongst other reasons) communicate with you and administer your benefits in the Plan. Your information is shared with the Plan’s administrators, other providers of services to us, and public bodies such as Her Majesty’s Revenue and Customs. For more detailed information on how we use and disclose your information, the protections we apply, the legal bases we rely on and your data protection rights, please see our privacy notice at https://www.pearson-pensions.com/privacy-notice/. If you would like a copy of our privacy notice to be sent to you, please contact the pensions helpline.


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