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Whipsaw Glossary

Currently viewing the definition of: FSAVC
 
 
 A member of an occupational pension scheme can choose to make extra payments to increase their pension at retirement known as an additional voluntary contribution (avc). These contributions are typically held within a low risk product such as a savings account. For independence and greater choice of investment funds, a free-standing additional voluntary contribution (fsavc), is an option. 
 


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    • Tipsheet
      A periodical stock recommendations newsletter that provides details on which shares to buy and sell based on specified criteria. This may be on the type of share e.g. penny share or on the investment strategy such as value investing. Whilst tips are readily available for free in Newspapers and magazines such as the Investors Chronicle, tipsheets will charge a fee for this information. The selling point being the historical performance of their stock picks.