mumsneedwine- pension correct you pay in as a doctor and some of that as you get more senior is topsliced to subsidise lower paid pensions.
No you do not have to move every year for training -FY1 and FY2 can be far part but most CT and SPR rotations are in a smaller location to allow commuting
Exams cost -always have, that is career progression
Most professions have a regulatory body whom people have to pay into - this is not a unique cost
Hours - most are not working more than 44 hrs per week-if you choose to do extra shifts then that is your choice.
It is a tough job but seriously conditions have improved and no it has not been a pay cut of 35%- very few peoples pay whatever the job has kept up with inflation