Retired Britons get £600-a-year less than those in America because of EU red tape strangling people's pension pots, research has revealed.
OAPs in the UK can expect a pay out of around £2,850 a year from a £50,000 retirement pot. But in the States, pensioners with the same size nest egg will get £3,450.
Pension experts say this £50-a-month gulf is because EU financial regulation is twice as strict as that in the States.
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