Managing finance when you retire to become a locum

Accountant James Gransby has a five-step plan for GPs retiring from a partnership position for a sessional career.

A popular option for GPs approaching retirement has been to relinquish their partnership but continue working as locums. And with concerns over the new contract and the reduction of seniority payments, many GPs over 55 may well be considering this option with renewed interest. So what are the financial considerations GPs need to heed if they plan to work as a locum while drawing their NHS pensions? Read more