Property News · April 12, 2017

The older expats facing poverty – thanks to Brexit and frozen pensions


The fall in the pound’s value coupled with post-EU uncertainty and pension regulations has led to alarm over the plight of many older British expatsAnne Puckridge isn’t scared for her future yet. But thanks to the post-Brexit fall in the value of the pound, that time may soon come.When the 93-year-old second world war veteran and lecturer moved to Canada in 2001, she expected to live in modest comfort on her UK pension. What she hadn’t realised, however, was that pension would be frozen at the amount it was worth at the time she moved to North America at the age of 76. Continue reading…

Source : theguardian.com
Read more…The older expats facing poverty – thanks to Brexit and frozen pensions

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