NHS Employers publishes pension tax guidance

'Importance of financial advice'

clock • 2 min read

NHS Employers has published guidance for employers to support staff affected by the pension taxation issues.

Annual allowance rules are a particular problem for NHS staff, especially the tapered annual allowance, which restricts the annual allowance of those earning over £150,000. The paper - from the organisation that provides guidance to NHS workforce leaders - outlined optional measures to help reduce the impact of pension taxation in the NHS. The current limits have landed staff with huge tax bills and resulted in thousands retiring early, while many doctors and consultants are turning down work to avoid the charges. The guide - published 2 September - set out the importance of indepe...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Petition pushing government to protect pension tax incentives gets 3,000 signatures

Petition pushing government to protect pension tax incentives gets 3,000 signatures

AJ Bell pushes to end ‘damaging speculation’ on tax-free cash and reliefs

Jenna Brown
clock 07 October 2025 • 2 min read
Standard Life launches 'affordable' pensions-focused advice arm

Standard Life launches 'affordable' pensions-focused advice arm

For existing Standard Life customers approaching retirement

Jenna Brown
clock 06 October 2025 • 2 min read
Clients need 'tailored approach' ahead of IHT on pensions

Clients need 'tailored approach' ahead of IHT on pensions

IHT ‘coming up more and more’ in conversations with clients

Sahar Nazir
clock 03 October 2025 • 2 min read