UK expats in EU could face frozen pensions
Brits across the EU could lose their special status and have their state pensions frozen if an agreement is not reached between the EU and UK ahead of the 29 March.
Currently, people living in countries that do not have reciprocal agreements with the UK, or don’t have legal requirements for expat pensions, will not receive yearly increases (uprates) in their state pension.
There are currently around 510,000 people receiving this payment abroad, with 84% of them having retired to Australia, Canada and New Zealand – none of which have reciprocal agreements.
Expats in hotspots such as Spain and France, for example, do.
Read more @ International Adviser
