We are pleased that retiring GPs now have a choice on retirement of investing the retirement lump sum that remains after they have taken their 25%,or putting that lump sum into an annuity.
By taking the lump sum and investing it they have ownership of the money and if they die early the money remains with their family.
The rural GPs first requested this two years ago at their AGM and we are pleased that other groups(IMO, local branches)followed our advice and pushed for this choice to be available to retiring GPs.

This highlights the value of our Annual Outing so if members have another financial project for us to highlight and pursue please let us know and we will have it on Agenda for next years AGM.