Irish Independent: Your Questions – can I put a little extra into my pension pot without affecting employer contributions?


According to the Chief Executive of the Irish Association of Pension Funds Jerry Moriarty, the most savvy move would be to make some additional voluntary contributions (AVCs) to your pension. However, the only way around this is to set up your own personal retirement savings account (PRSA) AVC. The upsides are privacy and greater investment options, and flexibility. But the downside is that you will likely be paying higher charges than those in your group scheme.