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

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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...

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