No ex-pat pensions cliff-edge if we get Brexit transition deal, says Hammond

Hammond said a Brexit cliff-edge for pensions would not happen if the interim period laid out by Theresa May's Florence speech became a reality. However, the interim deal proposal was outside of the Brexit negotiating structure imposed by the European Commission, which is yet to respond. There was a shared interest for both the UK and EU that they "avoid outcomes that impose unnecessary costs and disruption on individuals and businesses as the UK leaves the EU", he said. His statement came in response to Treasury Committee chair Nicky Morgan's letter that sought clarity on the post-Br...