Boosting your pension with AVCs
If you want to increase your pension savings, you can make Additional Voluntary Contributions (AVCs) to top it up.
AVCs are a simple and effective way to boost your pension savings in addition to your benefits from the Scheme. By paying AVCs you will build up a fund of money in the Diageo Pension Plan (DPP) administered by Scottish Widows which is then used to provide additional benefits when you retire. You have the option on how to invest your money with Scottish Widows.
These contributions are:
- Separate from your main pension but can be accessed at the same time.
- Invested, so they have the potential to grow.
- Managed by Scottish Widows.