It's impossible to say whether that would be a good choice without knowing a lot more info about you. Like age, time until retirement, attitude to risk, how much you've already got, etc.maisymoo04 wrote:hi Robert t thinking about taking out another flexiplan payment avc £20 week 100% growth think it would be ok as a good option or have a few options life style etc![]()
But a £20 per week gross payment would mean a cost of just £13.60 to you, factoring in tax relief and PSE. So in general AVC's are a great way of saving money.
I suggest a good read of the guide to AVC's!