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Barnett Waddingham
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Pension planning for senior NHS staff

Published by Bhargaw Buddhdev on

With the substantial changes that have recently taken place in the pensions legislation directly affecting high-earners, many NHS staff are now facing tax charges on their ongoing pension savings.

This has been exacerbated since April 2016, as the £40,000 ‘standard’ Annual Allowance (AA) has been reduced for high earners – down to as low as £10,000 for many.

At Barnett Waddingham we understand the challenges facing senior NHS staff in managing the tax burdens imposed by the complex pensions taxation legislation.

With our extensive knowledge of the issues surrounding pension provision for NHS staff, we can provide a bespoke and specialised service designed to meet each individual’s requirements.

We have been meeting senior NHS staff impacted by the adverse impact of pensions taxation – Tapered Annual Allowance and Lifetime Allowance (LTA).

If you would like to discuss any aspect of your pension provision and retirement planning, please contact our team on the details below. Our full NHS briefing paper will be available soon.

You may also be interested in:

AA and LTA changes - key points you need to know

This briefing highlights the key changes to the annual allowance (AA) and lifetime allowance (LTA) that came into force from 6 April 2016.

Find out more

About the authors

  • Bhargaw Buddhdev

    Bhargaw Buddhdev is a pensions actuary and he is our expert for dealing with pension taxation issues for individuals and their employers.

    View Biography

  • Nilesh Shah

    Nilesh has over 25 years' experience in the pensions industry and is one of our resident expert for dealing with Pension Taxation issues for individuals and their employers.

    View Biography

  • Annemarie Allen

    Annemarie is a Senior Pensions Consultant with 30 years’ experience in the public sector pensions' arena. She provides pensions administration, benefits consulting and employer liaison services, pensions tax advice, pension fund governance services, and employer advice.

    View Biography

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