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Posts Tagged ‘pension’


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.




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 […]




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.




TAX TIP TUESDAY: 5 Tax Tips to Save in the Last Three Weeks of the Tax Year


Our 5-minute read – Tax Tips – for UK doctors and dentists will help you save tax, get organised with your tax affairs and make sure you meet important deadlines with ease.




Maximising your ISA and Pension Allowances – Time is Ticking


The end of the tax year is swiftly approaching on 5 April. With less than a month left in the 2019/20 tax year, and annual relief allowances to consider, now is the time to ensure you’re taking advantage of all possible avenues to help save on tax.




Pensions and Divorce – Helping You Navigate a Difficult Time


Earlier this month, solicitors across the country braced themselves for ‘Divorce Day’ – the time of year that lawyers expect a higher than average number of enquiries from couples considering divorce. The financial stress of the holidays tends to strain many relationships so when people are back to reality and the working world, all that […]




Pension Problems Ahead For Self-Employed – Take Action This Year


Starting a pension plan isn’t easy for those who are self-employed – you’ll need to find the pension scheme yourself, you don’t have any employer contributions to boost it, and it’s difficult to stick to a regular savings plan when you might have irregular income.




Pension Planning Couldn’t be More Important Now for High Earning NHS Pension Holders


It might be a bit of an understatement to say that the government’s NHS pension scheme membership and tapered annual allowance limitations have not been well received by the dental and medical communities. In fact, the British Medical Association (BMA), the UK’s biggest union and proponent for doctors, is lobbying for the removal of these […]




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