NHS pensions - diagnosis and treatment
Doctors suffering from pension tax ailments should consider seeking financial advice rather than self-treating symptoms, writes Moira Warner, as she considers various ways to deal with the NHS pensions conundrum.
There's been a good deal of commentary on the maladies affecting NHS pensions of late ranging from administrative delays to data collection. But it's the impact of the tapered annual allowance on doctors...
More on Defined Benefit
More than 700 adviser firms gave up pension transfer permissions during FCA probe
More than 700 adviser firms adviser firms have relinquished defined benefit (DB) transfer permissions during the regulator’s probe into the market.
GAD and DHSC increase tax flexibilities for NHS Pension Scheme
Senior clinicians within the NHS Pension Scheme will receive extra assistance to adjust their pension accrual to fit within tax allowances.
![Charles Counsell: "Savers [could] rush into decisions about their pensions."](/api/v1/wps/f7d7abf/7e366f0a-3c82-4aa2-ba52-37312b0eb71e/3/Counsell-Charles-The-Pensions-Regulator-TPR-230x142.jpg "Charles Counsell: \"Savers [could] rush into decisions about their pensions.\"")
TPR chief warns of increased demand for DB transfer CETVs
The Pensions Regulator (TPR) chief executive Charles Counsell has warned scheme trustees could see an increased demand for cash equivalent transfer values (CETVs) from defined benefit (DB) members.
Ineffective regulation breeds inequitable outcomes
Costly DB scheme regulations can result in abuses of equitable relations among stakeholders, say Iain Clacher and Con Keating.
FTSE 100 schemes in 'best position' for 20 years before onset of Covid-19
Almost three-quarters of FTSE 100 defined benefit (DB) pension schemes were in surplus on an accounting basis as the coronavirus crisis hit, according to Lane Clark & Peacock (LCP).