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Ep 106: The inflation problem with your NHS Pension

Medics Money podcast

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Is the Annual Allowance in a Defined Benefit Pension Scheme Really the Growth?

The BMA are very active about this and have a calculator which may or may not help you to calculate whether you've got a problem. I certainly don't think politicians get it, but to be fair, it is quite niche It's not surprising, they don't get it But there were people within the treasury who probably do get it. Back in 1920 in England and Wales we had what was known as a compensation scheme. This allowed NHS England and NHS Wales Basically, if a clinician was caught by any allowance To encourage people not to stop work Because of tax reasons. And that just instantly at that point in time, it stopped the behavioural change. More than ever, that is needed

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