Retiring clinicians payments

The Secretary of State has confirmed that the commitments being entered into, to make payments to clinicians affected by annual allowance pension tax, will be honoured when clinicians retire.

In a written statement Matt Hancock, Secretary of State for Health and Social Care stated:

'I have agreed to support this proposal from NHS England and NHS Improvement for reasons of urgent operational necessity….

'The scheme involves employers making binding contractual commitments to be given to every affected NHS clinician so as to ensure that this commitment is honoured. Full details of the terms of the payment arrangements are set out in letters that are being sent to each affected clinician by their employer including the terms and conditions of the offer.

'Clinicians are therefore now immediately able to take on additional shifts or sessions without worrying about an annual allowance charge on their pensions.'

Internet link: GOV.UK statement

Registered to carry on audit work and regulated for a range of investment business activities in the UK by the Institute of Chartered Accountants in England and Wales.

Robinson Sterling, is the trading name for Robinson Sterling SBU Limited, a company registered in England.
Company Registration Number: 11281848

Robinson Sterling is a Xeinadin Group Company

Our Mission

To engage with our clients and their businesses by providing quality advice and support, based on technical excellence and a fundamental knowledge of the business so as to achieve business growth, optimise profit retention and maximise wealth creation.

Contact details

020 8598 4130

Robinson Sterling, 616D Green Lane, Ilford, Essex IG3 9SE

© 2024 Robinson Sterling. All rights reserved. We use cookies on this website, you can find more information about cookies here.