I am aged 41 in a DB pension scheme at work 17 years in and 23 to go. I am currently maxing on my AVC contributions to an AVC fund. I have heard that you can 'oversubscribe' which negates some of the benefits of AVCs.
Is there some formula to calculate the danger of oversubscribing?
If I was in danger of oversubscribing could I not use the AVC fund to retire earlier?
Is there some formula to calculate the danger of oversubscribing?
If I was in danger of oversubscribing could I not use the AVC fund to retire earlier?