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If this post contains material that is offensive, inappropriate, illegal, or is a personal attack towards yourself, please report it using the form at the end of this page.
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The report says that the 'average pension pot is £1.7m'....
The simple fact is that there is a 'Lifetime Allowance' for us mere mortals currently of £1.8m applying, so its not bad if their average is £1.7m. Not only that but most of us have no hope of even approaching a pension of that magnitude and when you consider that we taxpayers have contributed most of that doctor's pension fund...
Incidentally there is a tax penalty on pension funds over £1.8m of 55% unless you have a protection in place from when the Lifetime Allowance was introduced. This Lifetime Allowance is being cut back down to £1.5m next year.
It shows how the medical profession has lost its way with this attitude from some doctors.
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