@Lingles obviously I haven’t seen that video, but there are some weirdnesses to the NHS pension scheme that can land you with massive bills when you are on a “normal” salary with a pension pot way under £1m - it is your “predicted” final pension pot based on the previous year’s growth, which doesn’t necessarily bear any resemblance to your actual expected final pension pot.
I got a six-figure tax bill when I moved from the registrar payscale (50% of which, the on-call component, isn’t pensionable), to the consultant payscale (which is pensionable at FTE salary, even if you are PT). This was based on my potential future pension pot if it continued to grow at an exponential rate, which obviously it wasn’t going to, it was a one-off due to moving onto a different payscale.
I was PT and earning well under £50k, with a final salary pension pot which went from £120k as an SpR to about £180k as a year 1 consultant (which is fine but nothing like £1m, and I had been in the NHS for over 15 years by that point). I won’t get anywhere close to a £1m pension pot by retirement age.
I assumed there must be a mistake and sought independent financial advice, but apparently it was correct. Thank god it was the middle of the pandemic and there was a government agreement to insure it for that tax year, or we would literally have lost our home.
You must surely see that kind of thing is grossly unfair? Also disproportionately affects women working less than full time as their “predicted pot” is more likely to fluctuate wildly.
None of which has any bearing on the junior doctors’ strike (doesn’t really affect junior doctors until they become consultants), but does explain why doctors kick up a fuss about it.