Government concedes EU pensions loss in no-deal Brexit scenario

Both British pensioners living on the continent now with UK-based pensions and those who used to live or work on the continent and have EU pension entitlements could be affected. The loss of arrangement could also impact EU pensioners living in the UK. The admission comes as the government published the first in a series of papers outlining the possible impacts of a no-deal Brexit, with the banking, insurance and other financial services technical note also anticipating problems for City firms on "day one". The problem arises due to the UK losing access to the EU's passporting regime ...