NHS Pension Specialists
Retirement and pension planning have never been considered straightforward, with people frequently opting to avoid or delay the challenges this planning presents. The constant changes to both pension legislation and the NHS pension scheme have only made things even more complicated. From April 2015 the Government has introduced the most radical changes to pensions in almost a century. It has never been more important to seek specialist advice on your NHS pension, from an organisation that understands the needs of medical professionals.
Since the Government introduced the new pension’s freedoms legislation, many Doctors will want to understand the options available to them with regards to maximising your retirement income without the need to pay unnecessary tax. It is important that Doctors understand all the options available to them and how this may interact with your current arrangements through the NHS pension scheme.
When planning a retirement strategy you may want to consider a number of factors and take into account different variables such as, age, health status and the level of risk you are prepared to take with your investments as you plan for your lifestyle post-retirement. You may also wish to consider how to pass on your retirement fund to future generations.
MoneyDoctor fully understands your retirement options including pension actuarial reductions for retiring early and increasing your lump sum. Whether it is a case of wanting to retire early, to avoid paying unnecessary tax, or passing on your pension to your beneficiaries, MoneyDoctor are well placed to provide you with advice to plan for a comfortable retirement and to ensure your standard of living is maintained throughout your retirement.