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. […]

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 […]

What Will My Spouse Receive From My NHS Pension If I Die?

Q. I’m a Principal dentist aged 54 and have recently reduced my NHS Pensionable income from £100,000 pa to £30,000. A colleague has told me that the lump sum paid on death is 2 x pensionable income, so I’m a little concerned that my wife would only receive £60,000, instead of £200,000. Can you provide me with any guidance? […]