Ndubuisi Egwim compares the NHS pension, a guaranteed salary for life indexed to inflation, with SIPPs, which let you control your investments and cut your tax bill. NHS pensions offer no investment control. SIPPs work well for locums and self-employed people without employer schemes.
So you could be on NHS pension, but you want to reduce your tax bill or have an additional pension, or maybe you're a locum and you don't have a pension, so this could be an option. Of course, the NHS pension I still think is one of the best, because it's a defined benefit and it's a salary for life. Basically, it's guaranteed and it moves with inflation, but you have no control over where your NHS pension is invested compared with the sip, where you can actually determine where it goes. Now, NHS pension compared to sip, and some people also compare to the lifetime isa, because all working retirement. If you want a detailed video on that, check out the link in the description.
