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View the article online at http://citywire.co.uk/wealth-manager/article/a748120

Brewin demands Scottish 'Yes' clarity amid client confusion

by Dylan Lobo on Apr 28, 2014 at 08:08

‘The position on these apparently technical questions — which is still unclear — makes it more difficult to plan, or to advise savers on how to position their finances,’ Ford said.

‘The Scottish question is already having an impact on how portfolios are managed as some factor in possible liquidity, currency and interest rate risks.

‘We will continue to press for clarification, and to do the best for our customers throughout this period of considerable uncertainty.’

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7 comments so far. Why not have your say?

Douglas A

Apr 28, 2014 at 08:51

Good Luck getting any sort of answer out of the yes campaign.

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tony williams

Apr 28, 2014 at 10:04

Aberdeen asset , I will on principal shift this and move elsewhere. yes vote is unacceptable in todays markets. the uk as a whole stands greate cloutr

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Keith Cobby

Apr 28, 2014 at 10:19

Considering how long the SNP have been pushing for independence you would think they would be better prepared. Of course the rhetoric now has to give way to answering the hard questions about currency, tax, regulation etc.

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Guy Usabreak

May 03, 2014 at 09:57

The chance of getting any sensible positive answers from the Yes Campaign is zero. Rhetoric , ego , unfounded assertions abound at the cost of realistic, logical and well informed fact. Anyone putting forward a positive case for maintaining the United Kingdom as is is shouted down and vilified. Scotland and the Scots thrive in the UK and possibilities are only limited by lack of imagination or ability. For a tiny nation we are in a good place to continue to achieve our aspirations within the UK. no matter the shade of government we opt elect to Westminster.

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Anonymous 1 needed this 'off the record'

May 06, 2014 at 07:32

It is unrealistic to expect definitive answers to detailed questions concerning these matters of law, regulation, economic organisation etc at this stage. I'm sure the pro-Scottish side would love to be able to negotiate these now and offer voters a wholly worked out programme, but the Unionists will not engage in that way until after the vote, as they know that their best defence is fear, to scare voters about the future arrangements being uncertain and therefore dangerous. Businesses just need to have confidence that whatever way Scots vote, both the UK and Scotland, whether one entity or two, will then work out the detailed arrangements and both will have exciting and vibrant futures, whether as one entity or as neighbouring and friendly ones.

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Simon West

May 06, 2014 at 14:47

Whilst it's clear that a currency union between Scotland and the UK is not a option the UK will entertain, there still isn't any clear understanding of the currency the SNP will use should they be successful.

This position is fundamentally dishonest and shows a contempt for the people.

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Peter, Hertfordshire

May 06, 2014 at 15:12

Westminster currently says it will not entertain a currency union, but that should probably be seen as a negotiating position ahead of the referendum and that position might change after a 'Yes' vote. Also remember that an independent Scotland could unilaterally decide to continue using Sterling, either as a short term measure or permanently, if it suited its own interests. It wouldn't necessarily have to do what politicians in Westminster told it to do.

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