DiscoverMedics Money podcastEp 280: NHS Pension is broken, here’s how to fix it.
Ep 280: NHS Pension is broken, here’s how to fix it.

Ep 280: NHS Pension is broken, here’s how to fix it.

Update: 2025-07-15
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Resources to help:

https://youtu.be/ZHSBcGyycMI?si=vkQDr5FRb9O8JmAE


https://youtu.be/9Q3O34IapOE?si=2vMbNifmaACFaRgj


https://youtu.be/AngBbipPGCM?si=bFUPyJgLXM3YySqZ


Reforming the NHS Pension System: A Manifesto for Change


In this episode, the hosts discuss the current issues plaguing the NHS pension system, particularly for General Practitioners (GPs). They detail the problems with missing contributions, incorrect paperwork, and bureaucracy that have caused many to lose faith in the scheme. The discussion is joined by Andy Powell, an independent medical accountant and NHS pensions expert. Together, they propose a manifesto outlining several reforms, including producing forms earlier, abolishing the GP Solo system, automating data entry, regular updates between departments, and simplifying the annualization process. They also touch upon the necessity for a one-off investment to streamline the system. Additionally, they provide resources and courses for GPs to better navigate the current pension system.


00:00 Introduction to the GP Pension Crisis


00:21 Presenting the Manifesto for Change


00:52 Meet the Expert: Andy Pow


01:08 Current State of GP Pension Records


01:43 The Annual Return Process


02:12 Challenges with PCSE and Systemic Issues


03:09 Complexity of Pension Forms


05:19 Proposed Solutions: Early Form Availability


05:39 Abolishing GP Solo


06:43 Automating the Pension System


08:33 Regular Updates Between PCSE and NHSBSA


09:48 The Issue of Annualization


12:50 Investing in System Improvements


15:03 Resources to Navigate the System


16:34 Final Thoughts and Additional Suggestions


17:34 Conclusion and Call to Action

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Ep 280: NHS Pension is broken, here’s how to fix it.

Ep 280: NHS Pension is broken, here’s how to fix it.

Medics Money