Make the most of the McCloud remedy and get expert financial advice. We're here to help NHS members understand their pension options and claim up to £1,000 in fees.
If you’re an NHS public sector worker, the McCloud Remedy offers a critical choice for your pension calculation between 1 April 2015 and 31 March 2022. This decision could profoundly impact your retirement income.
Crucially, HMRC allows eligible individuals to reclaim up to £1,000 in accountancy advice fees for this decision. This means you can access our specialist, professional advice at no personal cost.
At Armstrong Watson, we specialise in guiding NHS staff through the complexities of the McCloud Remedy. We'll help you understand your options, minimise tax exposure, and make the best choice for your financial future.
Book your free consultation and explore your options
Call: 0808 144 5575
Are You Affected by the McCloud Remedy?
You may be eligible for the McCloud Remedy if you meet these criteria:
- Were an active member of a public sector pension
scheme on or before 31 March 2012.
- Continued as an active member after 1 April 2015.
- Were moved to the reformed scheme in 2015.
Note: If eligible, you'll receive a Remediable Service Statement (RSS) from your pension provider, outlining your benefits under both schemes for the 2015-2022 period.
Check your eligibility: Confirm you’ve received your Remediable Service Statement (RSS) and understand its contents. This is your foundation.
Evaluate your options: Deciding between the legacy and reformed schemes can mean thousands of pounds difference in your retirement. You’ll need to weigh lump sums, annual income, and crucial tax implications.
Get professional support: The choices are complex and often irreversible. Our pension experts will help you compare scenarios, minimise tax exposure, and make the most financially sound decision for your unique circumstances.
Claim up to £1,000 in advice fees: Don’t miss this valuable opportunity. HMRC specifically allows eligible members to claim back up to £1,000 in accountancy advice fees, making expert guidance accessible at no personal cost to you.
While final pension decisions are made at retirement, understanding your McCloud options early is vital for effective financial planning and to ensure you don’t miss out on valuable benefits. Armstrong Watson has a proven track record, helping hundreds of public sector professionals navigate complex pension reforms.
We offer specialised expertise in NHS Public Sector Pensions.
Personalised advice tailored to your unique financial situation.
Clear guidance on tax implications to minimise your exposure.
Dedicated support for claiming your £1,000 advice fee reimbursement from HMRC.
Free initial, no-obligation consultation to understand your needs.
Speak to an NHS pension specialist today. Secure your future. No personal cost for advice.
Call: 0808 144 5575
All content © 2020 Armstrong Watson. All Rights Reserved. Website by Simon Pighills.
Armstrong Watson LLP is a limited liability partnership registered in England and Wales, number OC415608. The registered office is James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU where a list of members is kept. Armstrong Watson LLP is regulated by the Institute of Chartered Accountants in England and Wales for a range of investment business activities. Unless otherwise indicated, either expressly or by the context, we use the word “partner” to describe a member of Armstrong Watson LLP or an employee of Armstrong Watson LLP in their capacity as such.
Armstrong Watson Audit Limited is registered to carry out audit work in the UK by the Institute of Chartered Accountants in England and Wales. Registered as a limited company in England and Wales, number 8800970. The registered office is James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU. Armstrong Watson Audit is a trading style of Armstrong Watson Audit Limited.
Armstrong Watson Financial Planning Limited is authorised and regulated by the Financial Conduct Authority. Firm reference number 542122. Registered as a limited company in England and Wales, number 7208672. The registered office is James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU. Armstrong Watson Financial Planning & Wealth Management is a trading style of Armstrong Watson Financial Planning Limited. Armstrong Watson Trustees Limited is a limited company registered in England and Wales, number 84495656. The registered office is James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU.
MyRetirement is a trading style of Armstrong Watson Financial Planning Limited.
Armstrong Watson is a trading style of Armstrong Watson LLP, Armstrong Watson Audit Limited and Armstrong Watson Financial Planning Limited.
