O Flower of Scotland: The country's IFAs speak out on independence

SCOTLAND

Laura Miller
clock •

As Scots gear up for a vote next September on whether they want to end more than 300 years of union with England, Laura Miller asks advisers north of the border what impact they think an independent Scotland will have on their businesses

Scotland's ruling Scottish National Party (SNP) has finally published its long-awaited white paper on independence from the rest of the UK. Voting will take place on 18 September when Scots will be asked the yes or no question: "Should Scotland be an independent country?" Under the SNP's proposals, from 2016 Scotland would "implement an improved and streamlined consumer protection and regulatory regime" for the financial services industry. It would also overhaul its tax system, including reducing corporation tax by up to three percentage points, which the paper states "is essential...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

FCA brings ESG ratings providers under scope for first time in 'sensible evolution'

FCA brings ESG ratings providers under scope for first time in 'sensible evolution'

Authorisation required from June 2028

Michael Nelson
clock 03 November 2026 • 3 min read
Treasury Committee flags potential bank tax Budget leak to FCA and Treasury

Treasury Committee flags potential bank tax Budget leak to FCA and Treasury

Dame Meg Hillier pens letter after Bloomberg article went live at 10:45am

Isabel Baxter
clock 29 October 2026 • 3 min read
FCA stands firm on not advocating for legislative change on AI

FCA stands firm on not advocating for legislative change on AI

‘That is the appropriate proportionate response’

Sophia Panayi
clock 22 October 2026 • 2 min read