There are currently 30,000 British pensioners living in Italy, all are entitled to have their pensions paid direct to an Italian bank account.

As Italy is a member of the EU this also entitles pensioners living in Italy to an increase in pension payments. For details check out www.thepensionservice.gov.uk or
tel: 0191 218 7777.

For private pensions, tax and other investment income, contact your pension provider or independent financial advisor. Some of these companies will only pay your earnings into British band account. Don't forget to find out about trust investment for your capital where tax liability can be reduced and to allow for exchange rate fluctuations.