NHS Pension discrimination test cases
Last week the Supreme Court rejected a Government appeal against a High Court ruling which found 2015 pension reforms discriminated on the grounds of age, race and equal pay. Today, GPonline reports that GPs have begun age discrimination claims against the government in a series of test backed claims by the BMA. It will be interesting to see how this plays out but in the meantime the pension tax issue remains and we can't envisage radical changes in the near future.
There is a lot of miss-information regarding the NHS Pension Scheme in circulation, colleagues taking 'gin and tonic' advice from their peers and a growing reliance on tax calculators which could result in healthcare professionals making financially detrimental decisions! We have a number of examples and can't stress enough that you need to ensure your data is accurate and that pension tax should not be considered in isolation.
It was our firm, a number of years ago that initially highlighted the catalogue of errors being made by the NHS Pension Agency when issuing statements. We continue to spot a catalogue of errors with NHS Pension Agency data. If you put garbage into these calculators = garbage out!
We work nationally with over 1,200 NHS Professionals and have a unique NHS Pension Management Service to ensure BW Medical Accountancy clients have accurate details regarding their NHS pension and a forecast with regards to the Annual Allowance and Lifetime Allowance Limits so they can make informed financial decisions and plan accordingly. We've been delivering this service for a number of years as we highlighted the issue