Cashing in abroad

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As increasing numbers of Britons look to retire abroad, Richard Mattison goes into the issues surrounding paying pensions to overseas residents

Studies by the Institute of Public Policy Research revealed a couple of years ago that at least 5.5 million British born people live abroad. While the numbers of those leaving the UK peaked in 2006 at 400,000 and have since reduced, and the recession has led to a number of people returning to these shores, the numbers living abroad still total over five million, of which 1.25 million are aged over 60. What this means of course is that there is still a high demand for pensions advice from those who have moved abroad but have UK pension arrangements either in payment or about to mature. F...

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