NHS Pension Scheme: Five key points for financial advisers

Retirees returned to work

Hannah Godfrey
clock • 4 min read

In this piece, Moira Warner highlights five key points about the NHS Pension Scheme as an army of retired medics head back to the frontline to battle against Covid-19.

As NHS retirees return to work, and overtime increases in response to the Covid-19 crisis, there are some key things about current NHS pension arrangements that advisers need to understand. Relaxation of restrictions for returning retirees As Covid-19 extends its reach, an army of NHS retirees has signed up to help fight against it. In order to prevent this post-retirement employment negatively affecting their pension income, emergency temporary amendments to NHS scheme regulations have been included in the Coronavirus Act. These amendments ensure: Ø  Pension income of specia...

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 Retirement

'Urgent action' needed on Gen Z pension saving barriers: PPI report

'Urgent action' needed on Gen Z pension saving barriers: PPI report

Generation faces retirement challenges

Jasmine Urquhart
clock 26 February 2025 • 3 min read
Advisers concerned about regulatory scrutiny in decumulation phase

Advisers concerned about regulatory scrutiny in decumulation phase

Retirement planning ‘dominates’ client advice requests

Isabel Baxter
clock 27 November 2024 • 3 min read
Advisers call for new products to tackle retirement planning challenges

Advisers call for new products to tackle retirement planning challenges

Retirement products ‘don’t meet modern needs’

Isabel Baxter
clock 25 November 2024 • 3 min read