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Monday 6th September 2010
Home > Expat news > Fall in pound hits expatriate savings and pensions

Fall in pound hits expatriate savings and pensions

18th March 2009 | Expat community | 0 comments

There is an estimated one million British pensioners living abroad and every one of them will have seen a huge decrease in their monthly pensions. As the pound sterling continues to fall, the severe drop in house prices has added to the concerns of those relying on money in UK banks. Add to these concerns, the high charges for moving money overseas and suddenly moving to a foreign country is no longer that much of a cheaper option.

Read the full article: http://www.ft.com/cms/s/2/ee8421dc-04f5-11de-8166-000077b07658.html

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