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The NHS Pension Scheme is a pension scheme for people who work for the English NHS and NHS Wales. It is administered by the NHS Business Services Authority, a special health authority of the Department of Health of the United Kingdom. The NHS Pension Scheme was created in 1948. [1]
Pension Wise does not give specific product or provider recommendations. It also stops short of providing advice, which must still be delivered by a regulated financial adviser. According to the Financial Conduct Authority in 2022, 46% of consumers who took part in their consumer survey had received guidance from Pension Wise. [10]
NHSBSA administers the NHS Pension Scheme in England and Wales, offering services for members, employers and surviving spouses, partners or dependants. Scanning services digitise medical records from across the NHS. NHSBSA also took on NHS Jobs, the official online recruitment service for the NHS in England and Wales on 1 April 2018.
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The National Institute for Health and Care Excellence (NICE), which provides advice on treatment procedures and assesses healthcare interventions for cost-effectiveness. The NHS Business Services Authority provides business support services to NHS organisations, including the administration of the NHS pension scheme. England only
Here are eight of Martin Lewis’s top pensions advice 1. Pensions are saved from pre-tax income.
Resident doctors may pay into the NHS Pension Scheme, which from April 2015 has been a Career Average Revalued Earnings (CARE) scheme. The 2015 scheme involves paying towards a pension which will be based on the average of a member's pensionable earnings throughout their whole career, with a revaluation of active members benefits in line with ...
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