Latest Financial News & Views for Medics & Dentists

Keeping you up-to-date with financial news and specialist, expert views from Legal & Medical that may affect your personal and/or professional financial affairs.

NHS Pension Scheme

Is it still good value?

Ouch, it looks like everyone is taking a pay cut for the next few years!

Against a back drop of inflation of just under 4% and an NHS pay freeze, your pay is already losing its purchasing power. On top of that, NHS doctors and dentists now also have to pay 3 years of increased contributions into the NHS Pension Scheme. 

For what though? What do you get in return to make it worth contributing to?

Read more...
 

NHS Pension Update

Latest NHS Pension proposed changes

Having agreed negotiations with the Government have gone as far as they can, the BMA and other unions have, in the last few weeks, been balloting their members on the latest proposed NHS pension changes.

How do the latest NHS Pension Scheme proposed changes affect you?

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NHS Dentists: Are You Incorporated?

Recent changes that affect you

Are you a dentist trading as a limited company for your NHS contracts? Are you the owner of an incorporated dental practice?

If you answered yes to either question, you need to read on.

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55+ and Working in the NHS?

NHS Pension Scheme might not be for you!

If you’re in your mid-50s or older, you may want to consider opting out of the NHS Pension Scheme. At least that’s what we’re investigating at the moment for some of our clients.

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Do You Employ Anyone?

New Pension Regulations That Affect You

If you employ anyone at all, even if it's your spouse and irrespective of whether or not you already have a company pension scheme in place, you need to be aware of new employer pension regulations and take appropriate action.

NEST or National Employment Savings Trust is a pension scheme being introduced in 2012 as part of the Government’s Workplace Pension Reform set out in the Pensions Act 2008.

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4 Ways to Beat Inflation

What are the options other than cash?

Up one minute, down the next. In such volatile stock market conditions, you may wonder why you’re investing in equities at all. 

Wouldn’t it be safer to keep your money in cash?

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I Wish I Had...

The top 5 financial wishes

For many of us, the start of a new year invariably signifies thoughts of change and resolutions that often encompass health, wealth, family and/or career success.

Here are 5 things people often wish they had financially done differently, but didn’t. Do they sound familiar?

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Are Fund Managers Worth It?

Actively selecting vs passively tracking funds

When you’re investing in the stock market, one important decision you need to make is whether you want your funds to be ‘actively’ or ‘passively’ managed.

Active vs passive fund management, what’s the difference and why choose one over the other?

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