If you have been affected by the tapered annual allowance (AA) and have a charge to pay, you can either pay this directly to HM Revenue & Customs (HMRC) or ask the NHS Pension Scheme to pay on your behalf. This option is called Scheme Pays. Earlier this year, figures obtained by Quilter showed 38%…
Tag: Annual Allowance
Bentley Independent Financial Advisers is delighted to announce that Charlie Lenton, a Chartered Financial Planner has joined the company. She specialises in NHS pensions and below is her first blog for the company. The NHS pension scheme has made a change to the scheme rules to permit voluntary scheme pays. A pension scheme must…