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Old 04-15-2009, 10:06 AM
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Post Retirees living overseas face pension shortfall

According to foreign currency firm, FC Exchange, pensioners living overseas face a pension shortfall due to volatile currency markets.In the last two year alone, the British Pound has lost a quarter against the US Dollar and the Euro.As a result, FC Exchange estimate that someone currently receiving an annual pension of £17,000 would only receive [...]

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