In response to Standard Life's annual report, Brad MacKay discusses how businesses deal with the uncertainty posed by the referendum.
Today Standard Life, the UK’s biggest provider of self-invested pension plans and defined contribution pensions, released its annual report. In it they outlined their contingency plans if Scotland were to leave the Union. Unsurprisingly, the lead story in the media is: “Standard Life could quit Scotland” (BBC).
In their annual report, Gerry Grimstone, the Chairman of the 189 year old Scottish-based firm made the following statement: