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Daily Mirror
Daily Mirror
Politics
Dave Burke

Tories' £1bn giveaway to richest 1% 'will stop just 100 doctors retiring a year'

Jeremy Hunt's £1 billion pension giveaway to the richest 1% will stop just 100 hospital doctors retiring early per year, government data suggests.

The Chancellor's decision was branded a "pensions bung to the wealthy" with no evidence to justify it.

Mr Hunt claimed his decision to scrap the top limit on tax-free pension savings would keep high-earning NHS medics in work for longer. He said many were leaving to avoid taxes of up to 55% once their pension pots hit £1.07 million.

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