Are UK pensioners £600 a year poorer than American OAPs?

Adrian Holliday
British Currency As Pound Strongest Performer In Second Half Of 2013
British Currency As Pound Strongest Performer In Second Half Of 2013

Your pension potmay go rather further in the US than in the UK. New research claims Brussels bureaucracy means retired Britons can expect to see £600 a year less than their US counterparts - despite the recent freeing up of pensions rules in the March budget.

The news may further likely put people off buying annuities as perceived long term rotten value for money. Do the facts stack up?