I used to live and work in the UK and during this period my pension fund was created. I'm now resident in the EU. What will happen to my pension?
Some customers bought their policy in the UK and have now permanently relocated or may, in the future, permanently relocate to a different country within the European Union (EU) / European Economic Area (EEA). The treatment of these policies after 31 December 2020 will depend on the approach taken by the authorities in each EU/EEA country. Unfortunately, we don’t have an official decision on this yet.
If you’re resident in France, there may be certain things we won’t be able to do in relation to your pension such as voluntary lump sum payments. Read the latest on the impact to pension policies for French residents.
You should keep checking back here as more details are announced. We’re monitoring developments and speaking with regulators to minimise any challenges that may come up. We’ll always aim to provide the service you expect.
You should take independent financial advice if you’re unsure about what to do.