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living abroad in certain countries could have their
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saved thanks to the terms of a
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deal.Older expats can continue to receive the
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benefit due to a catch included as part of the Brexit Withdrawal Agreement.Earlier this year, Chancellor
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confirmed that the Winter Fuel Allowance would be means-tested and no longer made universal.As such, pensioners need to claim benefits from the
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to receive up to £300 in support.This comes ahead of an expected energy bill hike in October as Ofgem prepares to raise the price cap once again.
Despite this, some older people living abroad in the EU will still be able to claim the Winter Fuel Payment even if they are not on low income.
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It should be noted that not every expat will be entitled to this support as it is dependent on where they reside in Europe, including Germany, Ireland, Italy, Belgium and the Netherlands.
Notably, British expats living in France and Spain will still not be able to claim the Winter Fuel Payment.
However, those living in 23 countries in the EU, Norway, Iceland, Liechtenstein and Switzerland will get the allowance via the Brexit withdrawal agreement.
Some 35,000 UK pensioners living in Europe are in line to continue claiming this support, according to The Telegraph.
During PMQs, Prime Minister
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defended the new Labour Government's decision to scrap the Winter Fuel Payment for millions of Britons.He claimed the move was a necessary one to help "stabilise the economy" in an attempt to fill the £22billion "black hole" in the public finances.
These comments come shortly after the revelation that the
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is expected to
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.Russell Gous, the CEO of
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said: "The predicted £400 increase in the UK state pension for 2025 is welcome news for retirees, especially as millions in the UK will now be going without the Winter Fuel Allowance."However, for tens of thousands of expats, this will come as a double boost as those living in certain EU countries are still in line to receive the fuel allowance as part of the Brexit withdrawal agreement."
Despite this expected "double boost", the money expert had a stark warning for British expats about any payments that come their way.
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Gous added: "It’s important to remember, however, that expats receiving their pensions in foreign currencies are especially vulnerable to exchange rate volatility.
"A stronger pound can erode the value of their pension when converted to local currency, potentially offsetting the benefits of the increase.
For those relying on the UK state pension as a key source of income abroad, it’s crucial to keep an eye on exchange rate trends and consider financial planning strategies that can help mitigate these risks.
"While the headline increase is undoubtedly beneficial, expats must remain aware of the broader economic factors that could impact their financial security."
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