I’ve just received confirmation of the conversion rate for my monthly transfer of pension income from the UK. Down again to €1.1157!
A 7% drop in available income since the 10th December last. Makes a mockery of George Osborne’s 2.5% increase in the basic pension.
I know it went up for a while, but the present slide looks as if it might beat the lowest point! Hope not, but there’s nothing we can do............