Seniority in the sun

The lure of warmer climates, a slower pace of life and a lower cost of living are attracting more and more people to emigrate every year. The most recent information available from the Office of National Statistics has shown that a record number of people left the UK during 2006 for the long term, including 196,000 British citizens. For those considering retirement in another country, it is important to appreciate fully the financial implications of a foreign move. Here, we answer some of the most pressing questions in the area of pension planning for individuals looking to retire abroad ...