Trustees 'to avoid SLPs' over lack of clarity on Scottish independence

clock

Trustees could turn away from Scottish Limited Partnerships (SLPs) for asset-backed funding deals if they remain uncertain about the impact on pensions of Scottish independence, according to Squire Sanders partner Philip Sutton.

He argued that without knowledge of a legislative solution for the pensions industry in the event of a majority ‘yes' in the referendum next year, trustees would be wary of using SLPs. Sutton s...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

PRA takes action on UK insurers' use of funded reinsurance

PRA takes action on UK insurers' use of funded reinsurance

Funded reinsurance deals will face enhanced regulatory requirements

Jonathan Stapleton
clock 29 April 2026 • 3 min read
Parliament agrees Pension Schemes Bill paving way for Royal Assent

Parliament agrees Pension Schemes Bill paving way for Royal Assent

House of Lords agrees heavily amended mandation powers accepting final draft of bill

Jonathan Stapleton
clock 29 April 2026 • 6 min read
Pensions UK: The real reform will start after Royal Assent

Pensions UK: The real reform will start after Royal Assent

Phil Brown says the Pension Schemes Bill is not the end of the story

Phil Brown
clock 28 April 2026 • 4 min read
Trustpilot