dgp4indy

Pensions

How Will Independence Affect Pensions?

"The question is not so much whether occupational pensions and private pension assets are protected as it would be fair to say that this is a certainty. The question, thus, is: how are they going to be protected? What would be the arrangement or policies put in place by the Scottish Government that would ensure this protection? It is likely that a deal would be reached in which the Scottish Government would accept the full liability for pensions, in order to guarantee their value and for continuity. That is in Westminster’s interests as well, as they would be required to honour these commitments anyway. It would also provide a guarantee for people from the rest of the UK that are living and saving in Scotland."
https://www.believeinscotland.org

Pensions In An Independent Scotland

"Since the Conservatives are once again trying to scare Scottish pensioners with the threat that they would lose their state pension if Scotland votes for independence, it’s worth revisiting the pensions question...."

"What is clear is that under no circumstances will an independent Scotland be expecting “English taxpayers” to foot the bill for Scottish pensions, and that state pensions will continue to be paid. Indeed the SNP has committed to raising the meagre British state pension in an independent Scotland to a level that will permit older people to have a dignified standard of living."
https://weegingerdug.wordpress.com

£1bn UK Pension Scandal

"The Westminster government has once again shown it can’t be trusted with our pensions after a report by the National Audit Office has revealed a £1bn scandal involving underpayments stretching over decades. The scandal robbed 134,000 pensioners – most of them women – of their money after outdated computer system led to underpayments. The mistakes go back to 1985. The scale of the mistakes is staggering. So far the National Audit Office has revealed..."
https://www.businessforscotland.com