DMGT Pensions.co.uk

Home | About us | Contact us| Site map | Feedback

Members area

Sign in Register

Forms and guides

Forms and guides

I am thinking of joining

Can I join? Why should I join? Transferring from another scheme

I pay into the scheme

Plus and Standard sections Credit account AVC account Retirement account Pre-April 2011 benefits XTRA

Paying AVCs

How can I boost my retirement income? Online access DMGT AVC Plan

I have left

What will I get when I leave? Transfer options

I plan to retire

Retirement income Tax-free cash Retiring early Retiring late Retiring because of ill health Flexible retirement Taking my pension

I am retired

Pension payments Pension increases I want to go back to work I am moving abroad Press On-line

What happens if I die?

I pay into the scheme I have left I have retired Dependants' pensions Choosing death benefit recipients

Scheme information

Summary funding statement Report & financial statements Investments Stewardship code

Getting financial advice

Getting financial advice

Pensions, tax and the State

Tax incentives Lifetime allowance Annual allowance Pension allowance & pensionable pay cap Taxing your retirement income Tax office details Stakeholder pension plan State Pensions Approaching State Pension age

My details have changed

Divorce or dissolution Working part time Being away from work My circumstances have changed My address has changed Changing my wishes/nominations

Company visits

Make the most of it Sites we visit Diary

Useful links

General pensions Daily Mail Group

Tax-free cash and AVCs

stamp indicating page is relevant up to 31 March 2011

A further advantage of paying AVCs can be enjoyed when you retire as you may be able to take all your AVCs as tax-free cash.

The two main advantages of taking tax-free cash from the Friends Provident AVC policy are:

Taking tax-free cash from your Friends Provident AVC policy means that you do not need to take any/as much cash form your Harmsworth Pension Scheme benefits. This means you maximise the amount of inflation-proofed pension you will receive when you retire.

You may not need to buy a pension with your fund when you retire.

Please note that if you do have to buy a pension with your Friends Provident AVC Fund, we will assist you as much as we can.

However, DMGT Pensions cannot buy this annuity on your behalf and we are unable to put the rest of your pension benefits into payment until the annuity has been purchased.