BIPEPA Monthly Webinar: Understanding your NHS Pension

BIPEPA Monthly Webinar: Understanding Your NHS Pension Designed to help better understand their NHS pension and maximise its benefits. The webinar "Understanding Your NHS Pension" provides valuable insights into the complexities of the NHS pension scheme and offers expert advice on how to make the most of it. The session covers a range of topics including understanding the Total Reward Statement, Annual Benefit Statement, retirement options inc. early retirement and McCloud and the importance of making informed choices to ensure a secure financial future. Speaker: Andrew Godfrey The webinar is led by Andrew Godfrey, a financial adviser with Quilter and NHS Pension expert with over 30 years of experience in business and finance. Andrew brings a wealth of knowledge to the webinar, helping individuals navigate the complexities of the NHS pension. His friendly and plain-speaking manner ensures that participants understand the complexities of the NHS pension scheme and how to make the right choices when it comes to retirement planning. What is Covered: · The benefits of the NHS pension scheme · How to interpret your Total Reward and Annual Benefit Statements · Retirement options, early retirement , max tax free amount, McCloud · Guidance on making the best pension decisions for a secure future · A live Q&A session to address participants' questions Andrew also highlights some common issues with NHS pensions, including the fact that one in eight NHS pension calculations contain errors, which can lead to reduced pensions and excess taxes. He will explain how doctors can avoid these pitfalls and ensure they are getting the maximum benefit from their pension scheme. Andrew Godfrey says: "Many doctors are unaware of the full potential of their NHS pension. which are often valued at well over £1M. By understanding the intricacies of the scheme and making informed decisions, they can significantly improve their retirement outcomes. This webinar is designed to provide doctors with the knowledge and tools to secure their financial future, avoid common pitfalls/errors that could cost them thousands and make best choices that could add thousands." The webinar is an excellent opportunity for NHS doctors to gain a deeper understanding of their pensions, the available options, and how to secure the best possible retirement. As part of agreement between BIPEPA and the speaker, attendees can benefit from a FREE personalised follow up meeting with the expert presenter, as people may want to discuss their financial affairs one to one. Andrew Godfrey Dip PFS, Cert CII (MP), B.A. (Hons) Economics Financial Planning Consultant