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‘Pensions’ Archive


Financial Planning for Medical Professionals


For thirty years, Dental & Medical Financial Services have been helping medical professionals in all sectors across the UK, to achieve their financial goals and dreams. How are we different?




Tax Windfall and GP Partner Cost Increase with NHS Pension Changes


With the 2015 NHS Pension scheme, doctors under the age of 50 were denied benefits offered to those closer to retirement age. Last year, the Supreme Court ruled that these changes to some public sector pension plans were unlawful and now the government is working on ways to resolve the discrimination created from the changes.




The End of the Triple Lock Pension, Perhaps?


Pension triple lock guarantees generous state pension increases – keeping the rate consistent with whichever is the highest — inflation or average earnings growth, or 2.5%. In effect for nearly a decade, these increases might be on the way out after the government realises the full impact of the fallout from coronavirus.




NHS Pension Scheme – Annual Allowance and Covid-19


After doctors left the NHS Pension Scheme in droves due to the tapered allowance rules, many are returning following changes instituted because of COVID-19.




Death in Service – Do you Know what Your Loved Ones are Entitled to?


As an NHS Pension Scheme member, do you know what your loved ones are entitled to from your protection policies? NHS Pension holders receive valuable benefits from the policy, but it’s important to be aware of what exactly your family gets and if that’s not enough, you need a plan to bridge the gap.




News Update: Tax Rule Waived for NHS Workers Returning to Work


In a show of support for frontline workers, the government has temporarily suspended tax rules for pensions that could have previously affected returning NHS workers.




News Update: COVID-19 Pension Scams – Don’t Fall Prey!


It shouldn’t come as a surprise that during times of crisis, there are always people who will try to take advantage of the vulnerable. In response to those trying to capitalise on the fear and anxiety of those during the pandemic, regulatory bodies have stepped up to alert consumers about what to watch for and […]




How Does the COVID-19 Pandemic Affect Your Retirement Plan?


Experts are predicting that we’ll be feeling the economic impact of the coronavirus outbreak for years to come. In particular, those in their prime working years with pensions invested in the stock market will feel their retirement plans greatly affected.




News Update: Triple Lock on Pensions Should be Scrapped?


News updates are quick reads for UK doctors and dentists that will help you stay up to date about the latest financial news that could impact you and your business.




What the new Tapering Means for NHS Pension Holders (in Practical Terms)


One of the issues that dental and medical professionals were hoping to see addressed in the Budget 2020 announcement was the tapered annual allowance which caused an NHS pension crisis.




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