More than 500 doctors have unnecessarily paid more than £17.7m in Lifetime Allowance (LTA) charges, according to new research.

Wealth manager Quilter has warned doctors and senior medical professionals close to retirement to halt their plans and seek professional financial advice before quitting work.

Measure to lift the tax penalties facing senior NHS clinicians who want to carry on working are under consideration by the government, according to media reports today.

Doctors are cutting hours and leaving the NHS pension scheme in an attempt to manage the impact of punitive pension taxation, according to a new study.