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14th August 2019

Pensions Reform

Proposed changes to improve the NHS Pension scheme

The Government has announced a number of proposed changes to improve the NHS Pension scheme, including a consultation on pension flexibility, a commitment to review the impact of the Annual Allowance taper and guidance to employers setting out how existing flexibilities can be used to ensure doctors do not lose out.  The BMA has led the change against damaging tax legislation and in response to the announcement, Chaand Nagpaul, BMA Council Chair, said: "We acknowledge this step forward by the Government."  However, he went on to say: "The new proposed flexibilities will provide short-term relief for many doctors, but they themselves do not tackle the core and underlying problem."


The problem lies in tax reform, and as we have said before, it is the overhaul of the annual allowance and tapered annual allowance, that will make a difference to all doctors, including consultants, GPs and medics in the Armed Forces,"