Good question from Elliott El - my answer easier to do in a quick video below 👇 Bottom line is the NHS pension scheme is excellent and people shouldnt come out without advice (and all advice will tell you to do is stay in the scheme)

2/ See follow up video here 👇

@elcarthy "New consultant, assume you're 34" 😭😭

@elcarthy Very speciality specific!

Thank you!

@elcarthy Can you explain about 1995 scheme as well please?

@elcarthy Is it such a good deal if you're at the top of the taper every year? Surely then it doesn't make so much sense?

@elcarthy Great Vid Tony, thanks. I’m 40 years old and I’ve been a consultant for 4 years. I’ve worked continuously in the NHS since 2012 and never been a pension scheme member. Every time I was autoenrolled I opted out. It became a habit. I did nothing good with the extra few quid

Such a helpful video. Could you tell us how you became national clinical advisor on pensions and how you learned so much about them please? Thank you!

Thanks Robbie - always had an interest in pensions, and in fact did some actuarial experience at school and almost chose that path..... but learnt "on the job" when I realised pension taxation was very destructive and there was a risk of NHS meltdown because of it

@elcarthy Just used this video and your 2015 calculator to underpin a conversation with a new(ish) consultant who originally trained overseas and thought joining NHS pension scheme would be pointless. Loved seeing the lights suddenly go on!