FSAVC

abbreviation
free-standing additional voluntary contribution

Dictionary of banking and finance. 2015.

Look at other dictionaries:

  • FSAVC — abbrev Free standing additional voluntary contribution, an extra pension contribution that is made independently of any AVC organized by an employer …   Useful english dictionary

  • AVCs — ( additional voluntary contributions) AVCs are a top up payments made by people into their pension schemes to boost their eventual retirement income. There are two types of AVC. Additional voluntary contributions (AVCs). This type of top up… …   Financial and business terms

  • AVC — ( additional voluntary contributions) AVCs are a top up payments made by people into their pension schemes to boost their eventual retirement income. There are two types of AVC. Financial Services Glossary Additional voluntary contributions (… …   Financial and business terms

  • additional voluntary contributions — ( AVCs) AVCs are a top up payments made by people into their pension schemes to boost their eventual retirement income. There are two types of AVC. Financial Services Glossary Additional voluntary contributions ( AVCs). This type of top up policy …   Financial and business terms

  • free-standing additional voluntary contribution — /fri: ˌstændɪŋ əˌdɪʃ(ə)nəl ˌvɒlənt(ə)ri ˌkɒntrɪ bju:ʃ(ə)n/ noun a payment made by an individual into an independent pension fund to supplement an occupational pension scheme (the anticipated benefits from the two schemes together must be less… …   Dictionary of banking and finance

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