As a specialist provider of financial services to Medical & Dental Professionals with particular emphasis around understanding of the complex and varied remuneration packages that vary depending upon your specialism and grade be it Hospital Doctor, GP or GDP Dental Surgeon along with the NHS basket of benefits & NHS Pension Schemes 1995,  2008 & 2015 Sections

What do you know about your basket of benefits from the NHS?

Based in North Yorkshire 4Life Wealth provide face to face advice geared specifically to help our medical & dental clients ranging from fundamental financial planning foundations in terms of, what the NHS provides and focusing on your aims and objectives through to complex succession planning, inheritance tax etc.

Leading the team, Russell Birkin

An industry leading expert Russell Birkin has delivered Medical & Dental focussed presentations at Newcastle Dental School, Leeds Dental Institute, Sheffield Dental School, vast numbers of GDP Dental Surgeries in Newcastle, Teesside, North Yorkshire, and York District Hospital since 2005.

Also providing a bespoke service to Velen’s  GP Medical Group in Northumberland (8 Surgeries), York GP Medical Group (13 Surgeries) and Priory GP Medical Group (7 Surgeries) where we have delivered Lunch & Learn Events which are geared to enhancing NHS members knowledge and understanding of the benefits that accompany their role within the NHS but also the areas that are critical to those who have chosen to take up some/all private Practice or are transitioning into the Private Medical/Dental arena.

With more than 30 years experience in the financial services industry dealing specifically throughout that time with Dental & Medical Professionals Russell pride s himself on maintaining his knowledge of the professions he deals with, the NHS and in particular the ever evolving NHS Pension schemes and pension legislation.

Lunch & Learn Events at your workplace

As the title suggests these events are typically arranged at a lunch break in your department/surgery/Practice or a Practice meeting /training day/audit meetings, timings to suit your Practice, we provide a light lunch and the event counts as CPD. Timing typically 30-40 minutes of pertinent information to your profession with time for questions/1-1 post meeting for those who have subjects that they might want to raise.

Have you come out of medical and dental school knowing absolutely nothing about the benefits you are eligible for as an NHS member.

We believe educating the Doctors and Dentists on the basket of NHS benefits is and always has been a great place to start in creating a financial plan that works.

If you want to understand what you have so you can build upon and enhance the NHS Pension Scheme / death in service / sick pay benefits you have acquired as a result of being in the NHS then get in touch for a no obligation initial consultation on what benefits you are eligible for.

• Helping plan for and maximise available tax allowances both now and in the future 
• Helping with lifetime allowance forecasting using our cashflow analysis, to understand if/when clients may face a lifetime allowance issue and provide advice on how to mitigate this 
• Planning around the annual allowance tax limit and helping clients look at alternative options when this has been fully utilised 
• Understanding and planning for the impact of inheritance tax and the mitigation of this 
• Putting in place personal and financial protection to ensure both our clients and their loved ones are looked after, should anything happen. 
• NHS Additional Pension planning
• Providing a holistic financial strategy for the future 

We also provide advice on the business aspect of your finances that may be linked to running a Practice. Some of the more frequent topics we are asked to advise on include: 

• Changes with pensions 
• Planning and setting a retirement date 
• Part time working Locum and income protection cover* 
• Buying into a Practice 
• Leaving or retiring from a Practice 
• Whether personal and business finances are set up in the most tax efficient way 
• Rising Practice costs and decreasing profits

*Locum cover and business exit strategies may include products and services that are separate and distinct to those offered by St. James's Place.

To find out how we can help you please do get in touch and we can arrange a convenient time to discuss your individual situation or needs.

Contact our team of advisers.

The value of an investment with St. James's Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested.

The levels and bases of taxation, and reliefs from taxation, can change at any time. The value of any tax relief is generally dependent on individual circumstances.