Would you benefit from an NHS Pension Analysis Report?

Retirement
Posted on 1st July 2023

The Government has agreed that all public sector pension schemes will need to be reformed to remove any form of age discrimination. The output of this ruling – the McCloud Judgment, should in theory be good news, as it provides more options for NHS Pension Scheme members at retirement.

However, it also brings a lot of uncertainty and if you pick the wrong scheme you could put your NHS Pension at a disadvantage and potentially have to deal with a substantial tax bill.

The McCloud Judgment will impact everyone differently, so it’s crucial to understand how this will affect you and your retirement planning. Our NHS Pension Analysis Report will help you understand the impact of the McCloud Judgment on your individual circumstances, to help you make the best decision for you.

We work with all members of the NHS Pension Scheme to analyse your NHS Pension membership with the key outcomes being to understand your benefits at a specific time that’s relevant to your financial planning.

Our NHS Pension Analysis Report will help you:

  1. Understand the impact of the McCloud Judgment on your benefits
  2. Consider the impact on lifetime and annual allowance
  3. Decide whether you should stay in or opt out of the NHS Pension Scheme
  4. Is ‘hokey cokey’ a good idea?
  5. Should you consider ‘retire and return’?
  6. Check your service record to ensure your membership is complete

To find out more please get in touch today.

Sign up to receive the latest insights articles from Capstone Financial
Subscribe