Minister calls for urgent action to ensure British pensioners in EU do not find payments stopped after Brexit
The chair of an influential parliamentary committee is calling for urgent action to ensure that British pensioners living in Spain or other EU countries do not find their payments stopped after Britain leaves the EU in 2019.
UK firms may not be legally able to pay out personal pension or insurance contracts to UK expats and other citizens living in the EU after Brexit, Nicky Morgan, chair of the Treasury select committee, wrote in a letter to the chancellor, Philip Hammond. She asked whether the problem would be discussed during the first phase of Britain’s exit negotiations with the EU.
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