NHS pension scheme consultation: AISMA response
January 28, 2019
Members of AISMA have a deep knowledge of the NHS Pension scheme, specifically relating to the taxation of pension savings. AISMA’s view is that the proposed changes to scheme regulations 2019 as outlined in the consultation document are likely to result in more members of the pension scheme ceasing contributions which could cause the scheme to have further funding issues and a knock-on effect to how the Government affords the obligations payable to existing members in retirement. The reasons for this are complex and highlighted in the Association’s response.