GP Money Matters is a series of special bonus episodes of Talking General Practice sponsored by Wesleyan where we look at key personal finance issues that affect GPs.
In this episode GPonline editor Emma Bower speaks to Wendy Baillie, a chartered financial planner and regional manager at Wesleyan Financial Services, about the rise of portfolio careers in general practice and what this means for GPs’ finances.
New research from Wesleyan reveals that holding multiple roles has become the norm, with over two-thirds of doctors having portfolio careers. Wendy explains the hidden complexities of juggling multiple roles, including the risk of unexpected tax bills, NHS pension headaches and the surprising hurdles GPs face when trying to secure a mortgage.
She also offers some practical guidance about to approach your finances holistically to avoid these pitfalls.
This episode was produced by Czarina Deen.
This podcast is intended for general information purposes only and does not constitute financial advice. Individual circumstances may vary.
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About Wesleyan
Wesleyan Financial Services supports doctors with advice shaped around the realities of the profession.
From complex income structures and portfolio careers to the NHS Pension Scheme and retirement options, its Specialist Financial Advisers work closely with doctors every day. Recognised by the NHS as able to give guidance on the NHS Pension Scheme, Wesleyan brings trusted expertise to key financial decisions. Combining financial planning, investment advice and protection, it helps doctors make confident, informed choices.
96% of doctors rated their specialist financial adviser as very good or excellent, reflecting a focused service that helps doctors protect their income, grow wealth and plan ahead with confidence.
Remember: The value of investments can go down as well as up, and you may get back less than you invest.
'WESLEYAN' is the trading name of the Wesleyan Group of companies. Financial advice is provided by Wesleyan Financial Services Ltd.
Wesleyan Assurance Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Wesleyan Financial Services Ltd and Wesleyan Unit Trust Managers Ltd are authorised and regulated by the Financial Conduct Authority. Read more information about the Wesleyan group of companies.
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