The NHS Pension Scheme is enough to give any manager that sinking feeling, and it doesn’t help when rules and regulations are constantly changing! To keep you on track, the free downloadable guide, Explaining the NHS Pension Scheme, has been fully reviewed and updated throughout for 2024. Following significant changes to various legislation and guidance…
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Explaining the NHS Pension Scheme – A guide
February 9, 2023, by AISMA in Accounting, AISMA
![Explaining the NHS Pension Scheme – A guide AISMA PENSION GUID](https://practiceindex.co.uk/gp/blog/wp-content/uploads/2023/02/AISMA-PENSION-GUID-75x75.png)
Following on from the informative series, delving into NHS pensions from the Association of Independent Specialist Medical Accountants (AISMA), we have now consolidated all nine parts into a fantastic free guide for you to download and keep. Does thinking about the NHS Pension Scheme give you that sinking feeling? Do you groan every time there’s an update…
Explaining the NHS Pension Scheme – Part nine
November 17, 2022, by AISMA in Accounting, AISMA, Pensions
![Explaining the NHS Pension Scheme – Part nine Pension file with calculator, pen, coins and glass jar](https://practiceindex.co.uk/gp/blog/wp-content/uploads/2021/11/pensions--75x75.jpeg)
Part 9: The McCloud Judgement and what it means for NHS Pension Scheme members In 2015, the government reformed public service pensions, including the NHS Pension Scheme. These reforms generated significant controversy after a Court of Appeal ruling in 2018 (sometimes referred to as the McCloud Judgement) found them to be discriminatory to younger scheme…
Explaining the NHS Pension Scheme – Part Eight
September 1, 2022, by Practice Index in Accounting, Pensions
![Explaining the NHS Pension Scheme – Part Eight Pension file with calculator, pen, coins and glass jar](https://practiceindex.co.uk/gp/blog/wp-content/uploads/2021/11/pensions--75x75.jpeg)
Part Eight: Administration for eligible staff On top of the tasks involved in helping partners and salaried GPs meet the NHS Pension Scheme administration requirements, practice managers must also follow the procedures for practice staff who are eligible to be members of the pension scheme. All employers have general responsibilities to auto-enrol their employees into…
Explaining the NHS Pension Scheme – Part Seven
August 18, 2022, by AISMA in Accounting, Pensions
![Explaining the NHS Pension Scheme – Part Seven Pension file with calculator, pen, coins and glass jar](https://practiceindex.co.uk/gp/blog/wp-content/uploads/2021/11/pensions--75x75.jpeg)
Following on from parts one to six, which can be read here, we now discuss administration in part seven: Pension administration is a complex business. As well as the rules that need to be followed for the NHS Pension Scheme, there are contract requirements regarding the calculation of pensionable earnings, annual pension submissions and pension contribution…
Explaining the NHS Pension Scheme – Part Six
![Explaining the NHS Pension Scheme – Part Six Pension file with calculator, pen, coins and glass jar](https://practiceindex.co.uk/gp/blog/wp-content/uploads/2021/11/pensions--75x75.jpeg)
Following on from parts one to five, which can be read here, we now come to part six, final pay controls. Part 6: Final pay controls Breaching the final pay control regulations in the 1995 section of the NHS Pension Scheme could lead to your practice being charged thousands of pounds. If you are not…
Explaining the NHS Pension Scheme – Part Five
![Explaining the NHS Pension Scheme – Part Five Pension file with calculator, pen, coins and glass jar](https://practiceindex.co.uk/gp/blog/wp-content/uploads/2021/11/pensions--75x75.jpeg)
Updates post-Budget 2023 Part 5 Lifetime and annual allowance tax charges The lifetime and annual allowance tax charges are a hot topic for GPs. They have been subject to constant changes by recent governments seeking to limit tax relief on pension growth for higher earners. The most recent changes came in the Spring 2023 budget.…
July 4, 2024, by Practice Index in AISMA, Pensions, Staff
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