Adrian Boulding looks at the unpopular tapered annual allowance and predicts its imminent demise...
After more than a year's hard-fought campaign by the British Medical Association (BMA) on behalf of senior NHS clinicians affected by the tapered annual allowance (TAA), it seems highly likely that both the Treasury and the Department of Health and Social Care will enable changes to be made to the NHS pension scheme to limit or eliminate its negative effects. The TAA currently affects some 17,000 experienced doctors and consultants earning above the £150,000 - the TAA's annual earnings threshold. This volte-face has been brought about because the TAA breaches one of the principles of ...
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