AVC Wise is a fully managed service offering from PSTAX, saving both employers and employees money with a pioneering new platform to facilitate and manage a salary sacrifice Shared Cost Additional Voluntary Contribution (Shared Cost AVC) scheme.
Organisations with employees who are members of the Local Government Pension Scheme (LGPS) are eligible to offer Shared Cost AVCs, and AVC Wise provides a platform and service to launch, manage and promote employees to join, which could mean significant NIC savings for your organisation.
Delivering a complete solution, AVC Wise manages all administration through a tailored web based platform and provides a helpline for employee enquiries, dramatically reducing the burden on employer resources. With a dedicated implementation and marketing team driving exposure, significant increase in engagement from employees within the eligible organisations can be realised.
AVC Wise sits comfortably alongside existing staff benefits and provides a valuable option to employees who are members of the LGPS, whilst being a very cost effective option for the employer at the same time.