Baronage-Phase
Well-Known Member
ever heard of ATM machines?
"Many private pensions are covered under so-called passporting rules for financial companies. Without a deal, insurers and pension providers would be legally barred from sending out payments, leaving policies dormant on their accounts."
Colin Gleeson, Irish Times, August 14th 2018
So without a change in regulations this will be a problem and if the UK ends up with a no deal Brexit this will be an ever bigger problem.
https://www.smpfinancial.com/uk-pen...MI052uhPyF3gIVh7HtCh33ngoIEAAYASAAEgI3vfD_BwE
It isn't as simple as you might think.