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Pension Salary Sacrifice

 

Cardiff and Vale Health Board is pleased to introduce a new Pensions Advice Salary Sacrifice Scheme to make use of the tax exemption which allows employees to save Tax and National Insurance on the first £500 worth of pensions-related Financial Advice, each tax year, when offered through a salary sacrifice scheme.

To take advantage of the Scheme, the eligibility requirements are that employee concerned must be employed by the Health Board and be paid via the Health Board’s payroll system, with the normal PAYE deductions.

As a Health Board, we are just signposting employees to the list that NHS Employers has compiled and we are not endorsing, promoting or recommending the use of any organisation 

 

 Further details on the scheme, including the list of the organisations which are able to provide expert guidance and the process to be followed can be found in the documents below:


Salary sacrifice Invoice process

Salary sacrifice Invoice form

Pension advice through salary sacrifice

List of IFAs from NHS EMPLOYERS

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