NHS Pension Scheme
How much is my NHS pension likely to be?
Consultants are facing a new level of complexity surrounding NHS pensions. The new rules can mean that consultants are at risk of penal tax charges on the growth in their NHS pensions.
How to make sure you are making the right choices
Our NHS Pension Review Service is able to provide an advance warning of pension issues by asking the following questions:
- Do you have a problem with your pension growth (Annual Allowance/Lifetime Allowance Limits)?
- What, if any, might the tax charge be on your pension growth?
- Can you get the NHS pension scheme to pay this tax charge or will you have to pay the tax charge yourself? (see the Scheme Pays election page).
When you take up our Pension Review Service, our specialist medical accountants work together with independent financial advisors to deliver the best advice to these specialist and potentially confusing area.
You may already have a financial advisor, but we are very confident that our specialism in this area means that if you compare this service with what your financial advisor is offering, you will find our service to be technically superior.
There is no single answer, every situation will be different, which is why it is so important to have a personalised approach to avoid missing out on pension benefits or facing an unexpected tax charge.
Complete the form today, and we can explain how we can help you.