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Department of Health and Social Care launches consultation on proposed changes to Scheme Regulations to support McCloud Remedy
The Department of Health and Social Care has announced a consultation on proposed changes to the NHS Pension Scheme Regulations that will be required to put the first part of the McCloud Remedy in place.
What is included in the consultation
The…
2019/20 Pensions annual allowance charge compensation policy: third window for GP applications in England opens
GPs in England applying to the 2019/20 Pension Annual Allowance Charge Compensation Scheme must have their application form endorsed by Primary Care Support England (PCSE) before it can be processed by the NHS Business Services Authority (NHSBSA).…
Understanding the effect of the McCloud remedy period rollback on annual allowance
If you're affected by the changes to public service pension schemes, sometimes known as ‘McCloud’ or the Public Service Pension Remedy, you will be asked if you would like to receive legacy scheme or reform scheme pension benefits for your…
Pension Awareness Week 2023
Every September, Pension Awareness Week helps to raise awareness of the importance of pensions and improve the financial wellbeing of people across the UK in their retirement.
Throughout the week, we’ll be sharing information on the NHS Pension…
Department of Health and Social Care confirms changes to Scheme rules for retire and re-join and partial retirement
The Department of Health and Social Care (DHSC) has confirmed that amendments to the NHS Pension Scheme rules will go ahead to help retain more experienced NHS clinicians and remove barriers to staff returning to work following retirement.
The DHSC…
Pension Awareness 2023: Learning more
Pension Awareness Week is all about helping to raise awareness of the importance of pensions. Throughout the week we’ll be sharing information on the NHS Pension Scheme, what it is and why it’s so valuable.
Don’t lose track of your pension
It’s…
Department of Health and Social Care announces extension of retire and return easements
Following a public consultation, the Department of Health and Social Care has announced a further extension to retire and return easements beyond the current 31 October 2022 expiry date, through temporary amendments to NHS Pension Scheme regulations…
Important information for members who have recently received an annual allowance statement
We have become aware of an error that may have affected some pension savings statements dated between 20 April and 27 April 2022. These statements were issued on 28 April 2022.
As a precaution we are recalculating and issuing new statements to all…
Annual Allowance and self assessment tax returns
HM Revenue & Customs (HMRC) have asked pension schemes to remind members that:
“it is really important that those who have exceeded the Annual Allowance for (the tax year) 2016 to 2017 to declare this on their Self Assessment tax return (the…
Update on proposed government changes to public service pension schemes
The Court of Appeal ruling on 'protection', known as the McCloud Judgment
In April 2015, the government put into effect reforms to all main public service pension schemes.
The reforms that took place in 2015 did not apply to those closest to…