Opportunity to sort out your finances
Pay and pensions are the two biggest questions we are asked about – so get Monday 22 February in your 2016 diary right now!
For Independent Practitioner Today is teaming up with the Royal Society of Medicine (RSM) to present a seminar called ‘Your fees, your pension – your future: how doing nothing is not an option’.
There will be talks from top speakers Ray Stanbridge, of Stanbridge Associates specialist medical accountants, and Simon Bruce of Cavendish Medical, plus plenty of opportunity to ask questions.
The free event at the RSM in Wimpole Street, London, begins with 7pm registration for a 7.30pm start and ends at 8.30pm with a one-hour drinks reception and chance to mix with Harley Street area colleagues.
In April 2016, private doctors will see a host of regulatory changes which could impact on their finances – a lower lifetime allowance pension limit, a cut to high earners’ annual allowance rates and higher taxes on company profit dividends.
The Chancellor’s consultation on pensions tax relief could also mean significant changes.
As ever when storm clouds gather, your main priority should be to check the status of your own finances. Does your wealth need protecting? Do you have a plan for the future? This is the ideal time to review your current situation and ensure your long-term security.
Major changes are also forecast for private practice in the next five years such as a rise in self-pay patients, declining insurance business, group growth, salaried consultants and re-imbursement increasingly linked to economics.
Ray Stanbridge will review trends and show how to adapt to take advantage of new opportunities and avoid potential hazards.
This exclusive event is for Independent Practitioner Today readers, RSM members and invited guests. Apply for registration at www.rsm.ac.uk/feespensions2016.
See ‘11 big changes that will alter private practice by 2020’