Retiring to sunnier climates is a long-favoured dream realised by more and more of us. However, there is much to consider before retiring overseas, one of the most important being your financial arrangements.
Pension income regularly transferred from the UK to your new country is a common aspect of retirement overseas. However, currency market volatility can significantly affect the final amount you receive. In the last year, we have seen currency market fluctuations of up to ten percent within just a couple of weeks.
Hawk FX currency solutions allow retirees to lock in the exchange rate for up to two years, providing certainty on the pension amount received each month.