NHS Pension Scheme – Scheme Pays Change

The NHS pension scheme has made a change to the scheme rules to permit voluntary scheme pays. A pension scheme must offer mandatory scheme pays as a mechanism to pay the annual allowance charge if the member has contributed in excess of the standard annual allowance and their annual allowance liability is more than £2,000. […]

Investment Fund Charges – Are You Clear?

Q. I was chatting to a colleague over coffee and the subject of investments came up. He said that new rules meant that he could now see what he was paying in charges on his ISAs, and it was more than he thought. What new rules are these, as I must admit I haven’t checked my policies at […]

Consumer Prices Index, What Exactly Is It?

Q. I know that inflation is measured by the Consumer Prices Index (CPI), but how exactly is the CPI calculated? A. That’s a great question as the term ‘CPI’ is mentioned in the media more or less every day, but not everyone knows exactly what it is. Every year the Office for National Statistics (ONS) reviews […]

Selling Your Dental Practice? – 8 Tips for Avoiding Common Pitfalls

Are you within 5 years of selling your dental practice? Dentists face many challenges when it comes to planning to sell their practice(s). Alison Oliver from law firm Ward Hadaway shares with us her 8 Tips for Avoiding Common Pitfalls. Selling your dental practice is a big deal. At Ward Hadaway we have helped numerous […]

Most Investors Do Not Get Value For Money!

  At the end of 2016 we reported on the study that the Financial Conduct Authority (FCA) were carrying out into the Asset Management Market. Why was this important? Well, as the FCA stated: “The asset management industry plays a vital role in the UK’s economy. Asset managers manage the savings and pensions of millions […]

Getting Financial Help – Who Should Dentists & Doctors Go To?

If you’re looking for help with your financial planning decisions, there are a number of resources you can turn to: The internet / media Friends and family Your own knowledge Ideally, it’s likely that you’ll want impartial information upon which you can make objective decisions. Whilst these three resources can be utilised, they may not ‘do […]

Income Protection Cover – Should I Cancel My Plan?

Q. I’ve had my income protection policy for a number of years now and, as I’m approaching my 50th birthday I’m wondering if it’s worth keeping the policy going. In particular (and maybe to help me decide), I’m curious to know how many people actually claim on this type of cover each year? Do the insurance companies […]

7 Mistakes Dentists Make After Retirement 

So you want to know the 7 mistakes dentists make after retirement? Before I go into them there’s something you need to know (and I’m sure you’ll be seeing this amongst your peers)… more and more dentists in the UK are retiring before the age of 60! The reason? Since the further reduction to the […]