Looming Brexit Forces Canada Life to Stop Selling Annuities to Expats in the EU
Canada Life admits unawareness regarding any insurance provider offering annuities to non-residents
Brexit Deal Failure could see UK pension deficits soar by a third
News over a Brexit deal or no deal has been dominating headlines for quite some time and has been spreading worry and concerns for many UK expats who have decided to expatriate themselves overseas for a better lifestyle or retirement.
What does Brexit mean for pensioners who live abroad?
Final salary pensions also known as defined benefit schemes have been the talking point over recent years due to over 75% of them being underfunded. This means they don’t have enough money to pay retirees their pensions.
What are Theresa Mays plans for Expats?
Little is known about the agenda for Theresa May’s policies. With the unknown always comes concern, especially when many British Expats feel disheartened with the vote to leave EU.