Medics Money podcast Ep 280: NHS Pension is broken, here’s how to fix it.
Jul 15, 2025
Andy Powell, an independent medical accountant and NHS pensions expert, discusses the pressing issues in the NHS pension system, especially for GPs. Key problems include missing contributions and bureaucratic hurdles that undermine trust in the system. Together, they propose reforms like automating data entry, scrapping the GP Solo system, and streamlining paperwork to enhance efficiency. They also stress the need for a strategic investment to improve the overall management of pensions, providing resources that help GPs better navigate this complex landscape.
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GP Pension System Delay Insight
- GP pensions suffer from excessive delays and bureaucracy causing GPs to lose faith in the system.
- While hospital consultants get pension records updated quickly, GPs often wait years for accurate pension updates.
Produce Forms Early and Abolish GP Solo
- Produce GP pension forms earlier, ideally by the tax year-end in April, not December.
- Abolish the GP Solo system to simplify contribution tracking and reduce errors.
Automate Pension Data Entry
- Automate the pension data entry process to replace manual input and reduce errors.
- Allow GPs to confirm one pension figure annually with automated system processing.