Decision details

AVC Wise - Shared Cost Pension Provision

Decision Maker: Executive Director for Corporate and Support Services

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

The Executive Director for Corporate & Support Services, in consultation with the Cabinet Member for Finance & Resources, has given approval to the entering into of a contract with AVC Wise (rebranded in 2024 as My Money Matters) for the provision of Shared Cost Pension services to permit employees that are members of the Local Government Pension Scheme (LGPS) to make voluntary pension contributions including the provision of a fully managed solution to help empower employees with financial education, tools and services to enact a change on their financial wellbeing.

 

(NOTE: An appendix to the report contained information that was ‘not for publication’ and was circulated to the decision-maker only).

Alternative options considered:

None

Decision Reference: ODCS75

Declarations or conflicts of Interest: None.

Contact: Sharon Martinez, Corporate & Support Services Email: sharon.martinez@stockport.gov.uk Tel: 0161 218 1442.

Publication date: 29/11/2024

Date of decision: 08/10/2024

Accompanying Documents: