fbpx

Tag: Locum doctors

Socially responsible investment advice for doctors

Socially responsible investment advice for doctors. What is it? Can you make money and be socially responsible? This month Medics’ Money chats with specialist medical IFA Guy Roper FPFS, Chartered Financial Planner from Sunrise Independent Financial Advisers Limited. You can contact Guy for a free no obligation consultation via Medics’ Money here. So Guy, tell us what is […]

Read more

Income protection insurance for doctors and surgeons

What is income protection insurance for doctors and surgeons? Who needs it? Why should you update your existing policy using an Independent Financial Advisor? Dr Tommy Perkins from Medics’ Money asked Independent Financial advisor Oliver McDonald to answer your questions on income protection. What is income protection? Income protection insurance (sometimes known as permanent health insurance) is a […]

Read more

Mortgages for doctors – should you get a marathon mortgage

If you’re preparing to take out a mortgage, there are plenty of things to consider. Among them is how long you’ll pay back the loan for. As property prices have increased, it should come as no surprise that mortgages are getting longer. More homebuyers are choosing to take out ‘marathon mortgages’ over a 40-year term. […]

Read more

Income protection for doctors – getting the best deal

Two doctors who used Medics’ Money have saved themselves £4,608 and £6,480 respectively by using a Medics’ Money specialist Independent Financial adviser. This week we met up with one our trusted independent financial advice firms that help Doctors with their insurance needs. The importance of Independent financial advice cannot be overstated. Unfortunately some of the biggest […]

Read more

Investment strategy and overview for doctors and surgeons

When I was an F1, with huge debts to repay, a house deposit to save for and seemingly endless postgraduate exams to pay for, the idea of investing significant amounts seemed a long way off. I did start investing small amounts, which worked out well for me. However, I now have kids futures to plan […]

Read more

Tax saving tips for doctors – 5 tips to increase doctors pay.

Tax saving tips for doctors – 5 tips to increase doctors pay. by Dr Tommy Perkins, GP and Medics’ Money founder With doctors pay falling by up to 30% in real terms over the last decade*, an often overlooked way to increase your take home pay is by working tax efficiently. Ed, Medics’ Moneys Chartered […]

Read more

Do I need a specialist medical accountant

Do I need a specialist medical accountant? by Dr Ed Cantelo GP Trainee, Chartered Accountant Chartered Tax Advisor As doctors, it’s usually a case of when, not if, we will need an accountant. But how can you tell when you would benefit from some advice? As a Doctor but also a Chartered Accountant and Chartered […]

Read more

Doctors pay slip – a guide to understanding your payslip

We frequently get requests for help regarding understanding the mysteries of Doctors’ payslips. Some doctors struggle to work out how much they earn. While there is significant variation between the payslips that doctors receive, the below should hopefully give some basic understanding of what is shown on your payslip. The example given gives a payslip […]

Read more

Income protection insurance for doctors and surgeons

If you ever become one of the million people in the UK each year that find themselves unable to work due to a serious illness or injury, do you know how you would cope financially? The truth of the matter is that many individuals would not be able to survive on their savings or on […]

Read more