UK state pensioners issued Iran war warning | Personal Finance | Finance
The current war in Iran could impact state pensioners in the UK, experts have warned. While the heaviest burden will fall on the Middle East and wider region, savers in Britain may also be impacted by economic volatility.After the initial strike from the US and Israel last Friday (February 27), oil and gas prices jumped due to the importance of the Strait of Hormuz. The markets remain uncertain which has led to investors moving money between assets such as bonds, commodities and currencies. This can reflect in the retirement pots of savers as the value of the money they have invested may be affected.As reported by The I Paper, Adam Cole, retirement specialist at Quilter, said: "The conflict in Iran has added another layer of uncertainty to markets, and pensions are feeling the effects t...










