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Important news if you've received a 1995/2008 Scheme pension savings statement for 2023/24
You may have received a 1995/2008 Scheme pension savings statement showing a pension input amount for tax year 2023/24 in brackets, ‘£(10,987.60)', for example. This means that the figure is a negative pension input amount.
You need to…
A pause on some cash equivalent transfer value calculations
On 19 May 2026, HM Treasury announced a change to the SCAPE discount rate, which is used in some public service pension calculations. This change does not reduce the pension benefits you have built up. However, it may affect some calculations,…
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 scams
Jump to:Pensions scamsPension scams can be hard to spot, and anyone can be targeted. According to the 2023 Crime Survey for England and Wales, 1 in 17 adults experienced fraud in a single year.What scammers may doScammers often seem friendly and…
Update on error on 2023/24 Pension Savings Statements
Following our previous update, we can now provide more information to Scheme members affected by the 2023/24 pension savings calculation error.
We have written to affected members directly and will continue to provide regular updates. You do…
Delays to 2024/25 Pension Savings Statements and what that means for Self Assessment
Even if you have not received a PSS from us before, you might need one this year – particularly if you have other taxable income we would not know about.You may be affected if you have:private practice or consultancy incomerental income from…
Government announces extension to Remediable Service Statements (RSS) delivery deadlines
McCloud RSS delivery timetable update (1 July 2025)
Following a recent written ministerial statement, the timetable for the delivery of remediable service statements to NHS Pension Scheme members will be updated. We appreciate that this news will…