NHS pension schemes — notes from the frontline breaking down changes

Advisers with affected clients urged to seek specialist advice

clock • 4 min read

With different NHS pension schemes, new rules and unresolved changes to legacy arrangements, it can be difficult to work out the answers to straightforward questions from NHS employees from when such clients can retire, and how much income they are likely to receive.

When talking about this topic, at conferences or to clients there are several key areas including: the ongoing age discrimination case (the McCloud judgement) and what it really means; questions around when people can access their NHS pension under the new flexible arrangements, and questions around the recently scrapped lifetime allowance. People want to know what would make the most financial sense for them regarding these issues, whether it be taking the 1995 pension, staying in work, returning to work - or whatever their particular circumstances dictate. Two questions we are frequ...

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