FT report says Labour has dropped its plans to reintroduce LTA ahead of manifesto launch
155,092 members pushed out of the scheme in eight months
The consultation closes to responses on 30 January 2023
HM Revenue and Customs has released its latest pension annual allowance data
An exodus is likely in March according to Quilter
Quilter FoI reveals hundreds of doctors have been effected
Complicated tax rules mean many NHS doctors are better off declining promotions and extra hours
The impact of the tapered annual allowance is clear after a 27 percentage point increase in NHS staff who exceed the pension annual allowance electing voluntary scheme pays, Quilter says.
NHS Pension Scheme members in England and Wales have been given a further six months to take advantage of the voluntary scheme pays process for the 2018/19 deadline.
NHS Pension Scheme members will be given an extra three months to make use of the voluntary scheme pays facility due to the increased pressures arising from the Covid-19 pandemic.