7Sep, 2013

Urgent – Lifetime Allowance / Pension Fund Cap

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Many NHS practitioners will have received annual allowance pension statements from the Pension Schemes Office alerting them to the fact that the growth in their NHS pension has exceeded the new annual pension contribution allowance. Mediclub@Chantlerkent has suitably qualified advisers that can assist in the assessment of this problem and offer solutions to mitigate the ongoing impact of these increasingly onerous pension rules and restrictions.  This is a particularly oppressive retrospective ‘wealth tax’ that will prove difficult to avoid. If the surcharge is £2000 or more, you can elect for […]