Pension boost for British expat pensioners living in eurozone

PA/AOL Money
Euro boost for expat pensioners
Euro boost for expat pensioners

%VIRTUAL-SkimlinksPromo%Retired British expats living in the eurozone have seen their basic state pension income boosted by nearly 10% over the last year, according to analysis by an insurer.

Prudential said that while some of the gain has come from a rise in the basic state pension from £110.15 a week to £113.10 a week in April, the bulk of the increase seen by expat pensioners stems from the relative strength of the pound against the euro.