'I'm still working at 70 - my UK pension is frozen because I live in Canada rather than the EU'

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'I'm still working at 70 - my UK pension is frozen because I live in Canada rather than the EU'
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The Brexit deal protected pensions for British expats in Europe, but for 500,000 living in Commonwealth countries like Canada, Australia and New Zealand, they are frozen

March 8, 2023 10:21 am

“I live a simple live, I never travel, I don’t go out. But the cost of everything has gone crazy since Covid. I fear for my future.” The issue has been raised and debated in Parliament on numerous occasions and the policy has also been subject to an unsuccessful legal challenge. But successive governments have been reluctant to take action because of the extra £640m cost to the £110bn a year pensions bill.

According to the group, only one in ten people were officially informed of the financial impact on their pensions before leaving Britain.

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