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If we vote for Brexit what happens

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Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    StevieJ wrote: »
    I am talking about any annual uprating of pensions, the triple lock merely being the current manifestation.

    the uprating of annual pensions for most UK people is the same if they retire to Spain or live in the UK.
    there is no plan to change this as far as I know
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    StevieJ wrote: »
    I hear what you are trying to say but I am not sure that it is relevant to my point about British pensioners returning home, because their pension income has been trashed (by a fall in Sterling and probable removal of the tripple lock guarantee in the future).
    ...

    Of course it is relevant.

    It's an example of external events causing one group of elderly people to move from one EU country to another.

    Suppose the Spanish health system collapsed in the area of Cancer care.

    Would you think it reasonable for all British and Spanish elderly people affected to uproot and move to the UK. Affordability in the UK NHS won't be at the forefront of their minds, they want treatment and this would be a legitimate option as the rules stand.
  • Herzlos
    Herzlos Posts: 16,058 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    CLAPTON wrote: »
    you misunderstand the meaning of pensions.

    you misunderstand what selling at a loss means

    and you care not about the burden being placed on the Spanish people who are much less able to manage that burden than us.

    You're 0 for 3 on that one. But I'm not going to explain basic economics to you at this stage.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    StevieJ wrote: »
    Nothing to do with 'why should they be' but all to do with British pensioners returning home if they are, eventually putting extra strain on NHS and caring sector.

    Effective use of NHS resources and the money spent is a far wider debate. As one senior NHS official said recently. The two biggest challenges facing the population these days are self inflicted i.e. Walking Avoidance Syndrome and Hyper Sofa Sitting. Too many people expect drugs and medical professionals to provide the cure (which places huge pressure on resources). When much people could actually do for themselves.
  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    edited 11 October 2016 at 1:06PM
    StevieJ wrote: »
    Along with the pensioners hightailing it back from the Costas because they can't afford to live there any more on their Sterling pensions. This country is going to be busier than if we had kept our borders open (NHS queues should be fun). The point some were trying to make before the referendum was that most of the immigration has already happened (oh apart from the 74 million Turks who might now be heading here if Boris gets his way) :eek:

    Stevie, the additional problem that would be a deal breaker would the UK not continuing to fund the medical fees of Retired Brits living in Spain.
    You may not be aware but if you retire to Spain once the necessary forms have been exchanged the UK Governments provides funds to cover all medical costs.
    So although there might be an influx of not so well of Brits coming home the Government will save those funds. Wether the UK government will then give that money to the NHS is an interesting question.
    There will be no Brexit dividend for Britain.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    CLAPTON wrote: »
    the uprating of annual pensions for most UK people is the same if they retire to Spain or live in the UK.
    there is no plan to change this as far as I know

    Very true, but that is because we are currently a member of the EU, it is certainly not the same in Australia.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    gfplux wrote: »
    Stevie, the additional problem that would be a deal breaker would the UK not continuing to fund the medical fees of Retired Brits living in Spain.
    You may not be aware but if you retire to Spain once the necessary forms have been exchanged the UK Governments provides funds to cover all medical costs.

    Thanks, I wasn't aware of that, it would probably make sense to continue that then.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    StevieJ wrote: »
    Very true, but that is because we are currently a member of the EU, it is certainly not the same in Australia.

    bizarre............................
  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    https://www.ft.com/content/965059f0-8c87-11e6-8aa5-f79f5696c731

    M&G is unlikely to move UK-based staff to Luxembourg, but it may add additional employees to the new business at a later date.

    Nothing to worry about then.
    There will be no Brexit dividend for Britain.
  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    Oct 10 British asset manager M&G Investments, the fund arm of insurer Prudential, plans to launch a Luxembourg fund range to ensure it can sell to continental European retail customers.
    http://www.reuters.com/article/britain-eu-mg-idUSL8N1CG1I8
    There will be no Brexit dividend for Britain.
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