For our medical clients, GPC Wealth Management offer a market leading NHS pension modelling service.
NHS pension members typically rely on Total Rewards Statements to understand their pension arrangements and are often left frustrated that these are either unavailable or out of date. This creates a significant challenge when reviewing and formulating a retirement strategy.
GPC Wealth Management can model individual member pensions to understand the current position and project forward, taking account of different potential retirement ages and work patterns in advance of retirement. This enables our clients to wrestle control of their retirement planning, de-mystifying the pension and providing clarity as to what is realistic in terms of retirement goals.
This service also accounts for the possible tax implications of individual pension membership, including annual allowance and the scheme pays facility. In addition, we can model the choices available to members as a result of the recent McCloud ruling.