Retiring in expat favourite destinations 'equates to frozen pension'

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Pensioners retiring in seven of the twelve most popular destinations for UK expats will have their state pension frozen at the rate when they first started drawing it, according to Alliance & Leicester International (ALIL).

While over one million UK pensioners are choosing to retire abroad, destinations are viewed differently by the UK Department for Work and Pensions (DWP). A study by the Isle of Man-based international...

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