Update on UK pensions when living in Spain

By Barry Davys
This article is published on: 4th November 2024

During the Brexit negotiations, many of us Brits living abroad were concerned about our fate following March 2019. Thankfully, Britain and the EU reached a solid agreement about the rumoured ‘freezing’ of the state pension after Brexit, and the result is very positive indeed – state pensions will continue to increase for those of us living in the EU.

If you are based in Barcelona or thinking of moving to Spain, please click here to contact Barry

If you are based in another country and would like to talk to an adviser, please click here

To read the full article please click here www.telegraph.co.uk/pensions-retirement/news/britain-eu-reach-agreement-expats-state-pension-brexit/

Further to the post above about the UK State pension. Here is how helpful this agreement to increase pensions has been. All figures per week

2017 – £159.55
2018 – £164.35
2019 – £168.60
2020 – £175.20
2021 – £179.60
2022 – £185.15
2023 – £203.85
2024 – £221.20
2025 – Budget announcement £230.30 (has to be confirmed by Parliament)

Request a Phone or Video Call

At a time that is convenient for you

Contact Barry Davys direct about: "Update on UK pensions when living in Spain"

First name *

Last name *

Your Email *

Your Telephone

Postcode

Country of Residence

Country/Region of interest

Message

The Spectrum IFA Group is committed to building long term client relationships. This form collects your name and contact details so we can contact you about this specific enquiry. For further information, please see our Privacy Policy.

I consent to having The Spectrum IFA Group collect my data for the purpose of this specific enquiry. We will also notify you of important news that affects your finances as you live in Europe