Can you claim State Pension abroad after Brexit? | Personal Finance | Finance

Shifts in currency can massively affect the spending power of those living overseas who are paid in GBP.

In addition, if Brexit causes the Pound to fall, then it would create a domino effect, drastically decreasing the purchase power of Brits living in the EU.

On the other hand, if the Pound’s value strengthens, then the opposite effect would occur.

Pensioners will also be presented with additional costs, as these will undoubtedly be handed to Pension providers before being passed on to claimants.

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