British expats abandoned by financial advisers and banks over Brexit rules

Mark Battersby
clock • 3 min read

British expats living across Europe are being "routinely abandoned" by financial firms due to Brexit red-tape and complications, it has been revealed. Many UK banks and financial advisory companies are now unable or unwilling to work with British nationals, many of them pensioners, who live in the EU as industry rules have changed following the UK's exit from the bloc, causing "distress, anguish and potential financial loss." There are more than 1.3m British expats in Europe, according to official estimates. However, the true figure is likely to be considerably higher as many do not a...

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