
NHS workers account for third of pension annual allowance breaches
NHS workers account for more than a third of all pension annual allowance breaches, according to analysis of HM Revenue & Customers (HMRC) data.
Analysis by Quilter found at least 34% of all people who exceeded the annual allowance (AA) in 2019/2020 were members of the NHS pension scheme. HMRC data showed that 42,350 taxpayers reported pension...
To continue reading this article...
Join Professional Adviser
- Unlimited access to real-time news, industry insights and market intelligence.
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters.
- Make smart business decisions with the latest developments in regulation, investing retirement and protection.
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes.