Is Your NHS Pension Record Wrong? McCloud Remedy, Contingent Decisions and What to Do Next?

Описание: Have you ever looked at your NHS pension and wondered whether the numbers are actually right?

In this episode of Beyond the Balance Sheet, Katie Collin is joined by Graham Crossley, founder of Medifintech and an NHS pension specialist, to unpack why NHS pension records so often contain gaps or errors, what the McCloud Remedy really means in practice, and why Contingent Decisions could be one of the most important (and misunderstood) opportunities for NHS pension members.

In this episode, we cover:

• Why NHS pension records frequently contain missing or incorrect service
• The one document every member should check first: the 05 Service Extract
• McCloud Remedy explained in plain English
• RPSS vs RSS and why so many members are still waiting
• Why a large tax bill does not automatically mean opting out is the right answer
• The risks of “opting out and rejoining” without proper modelling
• Contingent Decisions and reinstating service: where it can help and where it can go badly wrong
• When specialist support is worth it and how the cost claim-back scheme works

Key message:
Before you make any pension, tax, or retirement decisions, you need to know whether your NHS pension record is actually correct.

Links

Ramsay Brown: https://ramsaybrown.com/
Medifintech: https://www.medifintech.co.uk/
Connect with Katie Collin:   / katie-collin  
Connect with Graham Crossley:   / graham-crossley  

Disclaimer
This video is for general information only. Ramsay Brown are chartered accountants, not financial advisers. NHS pension decisions can have significant tax and financial implications, so advice should always be tailored to your circumstances.