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New guidance for members who may hold or have held enhanced or fixed protection from lifetime allowance charges
On 28 February 2022 HMRC published new guidance for public service scheme members with enhanced or fixed protection.
Lifetime allowance is the total benefits you can build up from all registered pension schemes without incurring a tax charge. Since…
Update on introduction of member contributions changes
Following a consultation earlier this year regarding changes to member contributions that will be implemented from 1 October 2022, the Department of Health and Social Care (DHSC) has recently consulted on proposals for how the pensionable earnings…
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…
Department of Health and Social Care launches consultation on introduction of retirement flexibilities
The Department of Health and Social Care has announced a consultation on proposals to amend the NHS Pension Scheme rules to help retain more experienced NHS clinicians and remove barriers to staff returning to work following retirement.
What is…
Department of Health and Social Care confirms change of date of annual 2015 Scheme pension cost of living review
Each year, 2015 Scheme pensions for members who are still actively contributing are reviewed to keep up with the rise in cost of living. The 2015 Scheme pensions are reviewed using the Consumer Price Index (CPI) in the year before, plus an…
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…
Department of Health and Social Care launches consultation on proposed Scheme regulation changes for second stage of McCloud Remedy
The Department of Health and Social Care (DHSC) has announced a consultation on proposed changes to the NHS Pension Scheme regulations, which are required to implement the second part of the McCloud remedy.
In 2015 the government made changes to…
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…