Key considerations when converting from NHS to private

This webinar will aim to give the observer a detailed understanding of the financial planning matters that need to be carefully considered when moving from NHS dentistry to private dentistry, whether that be fully or partially.

The session will cover the impact on pension provision, but will also go into the loss of the wider basket of benefits provided by the NHS and the impact this could have on a dentists family protection.

It will also cover the lost benefits in the instance of short and long-term sick pay, death in service and also dependents and spouse death benefits.

Learning outcomes

How your NHS pension accumulation will change with the move from NHS to private, with some examples of the change in retirement position
The alternative options available to save for retirement as a replacement for the lost NHS provision
NHS short and long term sickness protection
The NHS death benefit package – how this supports a dentist's loved ones, and how this can be replaced on moving to private practice.

Speaker: Neil Richardson

Neil Richardson has been a specialist financial adviser at Wesleyan Financial Services for 14 years, supporting dentists with their financial planning. He is now running the north of England team. Wesleyan Financial Services has supported hundreds of dentists to protect or make the most of their finances.

Speaker: Magdelena Harding

Magdelena Harding is a Financial Consultant at Wesleyan Financial Services. She has a long history of working with dental professionals, providing tailored financial advice, and helping clients to achieve their dreams. She has been working in the financial world for over 15 years and covers the South West of England.

Speaker: Paul Griffiths

As a Wesleyan Financial Consultant, Paul Griffiths, specialises in providing bespoke financial advice to individuals and business involved in dentistry. With over 25 years’ experience, Paul has extensive knowledge of the financial solutions available to dental clients', skilled in providing clients with a full understanding of their NHS benefits, and for Principal Dentists their commercial planning needs.

Please login to receive a certificate

This Continuing Professional Development (CPD) activity fully complies with the CPD requirements of the General Dental Council. FMC certifies this activity for one hour of enhanced CPD in the subject of Key considerations when converting from NHS to private.

This CPD meets the criteria for the GDC’s development outcome B.