Weighing up the options - stakeholder or AVC?

The advent of stakeholder pensions presents a new choice to many people in companypension schemes who want to save more towards their retirement. For many, stakeholderis a viable alternative to additional voluntary contributions (AVC) and free-standingAVC plans (FSAVC), and they may seek advice from IFAs on the best option. Stakeholder Eligibility The Government accepted an industry proposal for 'partial concurrency'. This means that many employees are eligible for a stakeholder plan (or any other personal pension) alongside occupational scheme benefits. The effective rule for t...