We've noticed your using a old browser this may cause issuse when experincing our site. We recommend updating your browser here this provides the latest browsers for you to download. This just makes sure your experince our website and all others websites in the best possible way. Close

Archive | Pensions RSS feed for this section

Explaining the NHS Pension Scheme – Part Two

November 18, 2021, by in Accounting, AISMA, Pensions 2 Comments

Pension file with calculator, pen, coins and glass jar

Part 2: How is the pension calculated? The way in which pension benefits are calculated in the NHS Pension Scheme depends on which part(s) members belong to and whether they are ‘practitioner’ or ‘officer’ members. Practitioners GP partners, salaried GPs and locum GPs are all practitioner members of the scheme. Practitioner pensions are based on…

Read More

Explaining the NHS Pension Scheme – Part One

November 18, 2021, by in Accounting, AISMA, Pensions 0 Comments

Pension file with calculator, pen, coins and glass jar

Association of Independent Specialist Medical Accountants nine-part tutorial for Practice Index – Introduction Does thinking about the NHS Pension Scheme give you that sinking feeling? Do you groan every time there’s an update to the rules and regulations? Even the most dedicated pension enthusiast can struggle with the complexities of the scheme. This nine-part tutorial will…

Read More

Why a GP employer might not be able to afford a pay rise

PAY RISE, spelt out with wooden letter tiles.

Over the years, I’ve heard many arguments as to why some GP practices claim not to be able to afford an annual cost-of-living pay rise for their hard-working and supportive staff. You’ve probably heard the ‘excuses’ yourself – at least, let’s call them that for the time being. You may agree with them, but on…

Read More

Pension reprieve might help attract GPs back to work

January 9, 2020, by in News, Pensions 0 Comments

Pension file with calculator, pen, coins and glass jar

Mention the subject of pensions in general practice and the tension in the atmosphere is likely to spike. The ongoing issue of pension rules and the impact they have had on services has long been a thorn in the side of general practices in trying to ensure they have sufficient cover for patient demand. However,…

Read More

‘Scheme pays’ election deadline is looming

Pension Concept on File Label in Multicolor Card Index. Closeup View. Selective Focus.

There has been considerable press exposure surrounding the NHS pension in recent weeks, including the increase in the employer’s pension rate, the possible 50/50 partial scheme, the ongoing administration issues, and the ‘Separate Cash Payment’ scheme. Many of the potential changes in the pension scheme relate to, or are aimed at, alleviating the Annual Allowance…

Read More

NEWS: Pension rule changes needed to retain experienced GPs

News

Representatives of senior doctors are pressing for a change on pension rules to help stem the tide of early retirements from medicine. Increasingly tight rules on the pension funds of high-earners have been blamed for contributing to the increased rate of retirement among GPs. The British Medical Association says the rules also discourage senior consultants…

Read More

NEWS: GP pensions administration probe

social_card

GP leaders have launched an investigation into the administration of pensions amid continuing concern about the support services provided to practices. The British Medical Association believes the extent of the problem is being covered up – and has served Freedom of Information requests on NHS England. It wants to establish the “value and whereabouts” of…

Read More
Get in the know!
newsletterpopup close icon
practice index weekly

Subscribe to the Weekly, our free email newsletter.

Keeping you updated and connected.