OECD figures in 2018 showed the UK paid out just 29% of average earnings on pensions. This is the lowest of any developed country. Top of the table were the Netherlands, which pays 100.6% of average earnings, Portugal at 94% and Italy at 93.2%.
This article looks at three myths about Scottish independence:
Myth 4: Business leaders are worried about the effects of independence.
Myth 5: A new Scottish currency would be difficult to establish
The most likely overall outcome for taxation is that rUK would treat Scottish individuals and companies in the same way as it treats any other country's individuals and companies (and vice versa). Scotland will need to establish its own financial regulator and resolution authority and make arran
The decision on Scottish independence is a decision for the people of Scotland. When making that decision it should be clear which currency an independent Scotland would use.
Far from putting pensions at risk, independence gives us the chance to significantly increase the state pension. Even If we only match the European average that would double the current state pension.
The UK state pension is the worst in the developed world in terms of its value verses average wages. It ranks bottom in a list of countries compiled by the Organisation for Economic Co-operation and Development (OECD), paying out just 29% of the average wage.
Research means to become independent which will be legally recognized other than through a Westminster sanctioned referendum
Continue to develop a written constitution.
An analsys of the d devolution of social security powers to the Scottish Parliament in the Scotland Bill. Whilst the reforms have been represented as giving Scotland “one of the most powerful devolved parliaments in the world.” it is debatable that this is the case.
The introduction of a new currency needs to account for customer deposits and loans and the Sterling pensions guarantee.