Expats are being urged to look for the best deals before purchasing pension products, it has emerged.
Financial advisor Hargreaves Lansdown recently highlighted figures showing pensioners may be 40 per cent better off if they shopped around for retirement schemes, the Telegraph reports.
The majority of former UK citizens intend to remain overseas in their chosen countries, despite the financial impact of the recession and foreign exchange trading rates.
A survey by HSBC shows 19 per cent of expats reported a rise in living costs, but 85 per cent of expats intend to weather the effects of the economic slowdown abroad.
Overseas visitors could soon be exchanging money in greater numbers in Florida, according to a travel expert.
The Orlando Tourism Bureau recently stepped forward to highlight the state as an attractive destination for Britons, who may need to buy foreign currency to visit the region.
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