FSAVC Entitlement Check List
The main insurance companies that sold FSAVC pensions are listed below (please note that your policy many have been sold to you by an IFA/financial advisor on behalf of an insurer), so please check to see if your FSAVC pension provider is with one of the following:
Allied Dunbar Assurance | Aviva | AXA Equity & Law | AXA Sun Life | Barclays | Bradford and Bingley | Canada Life | Co-Operative | Eagle Star | Friends Life | Friends Provident | Guardian Financial | Laurentian Life | Legal & General | Lloyds Life | Lincoln Financial | Merchant Investors Assurance | Natwest | Norwich Union/Aviva | Pearl Assurance | Phoenix Life | Prudential | ReAssure | Royal Bank of Scotland | Royal London | Royal Sun Alliance | Scottish Amicable | Scottish Widows | Standard Life | Sun Life Financial of Canada | Teachers Assurance | Wesleyan | Windsor Life | Winterthur Life | Zurich Assurance
How Do I Know If I Have A FSAVC Claim?
- Did you know the FSAVC scheme would cost more?
- Did you know that you would be paying more for a FSAVC scheme and that this would reduce the value of your pension fund?
- You weren’t advised that you could make extra contributions to your work scheme and, if applicable, purchase “Added Years”.
- Were you made aware of the fact that you could have made Additional Voluntary Contributions to your existing occupational scheme?
- You weren’t informed about how FSAVC funds were invested.
- Were you advised that you could increase your pension benefits with no risk?
- Was pension risk (long term risk) discussed at the time of the sale?