Banking on banking reform is not a good idea

Oh dear, here we go again. The Scottish Government has now received legal advice on Scotland's position regarding the EU if we become independent, but they won't tell us what it is. Given that their position has moved from 'automatic EU membership' to 'negotiated membership' post-independence, can we really trust what they say in their forthcoming White Paper without seeing the advice which is behind it? And can we really trust the SNP with our savings when Nicola Sturgeon seems to be banking on global reform of the banking sector to prevent a repeat of 2008? What about pension protection? Does Scotland have enough solvent company pension schemes to pay in to our own protection scheme so that members of collapsed pension schemes are compensated? Calton thinks not. As far as pensions go, there is definitely strength in numbers. A lot of questions like this are going to surface over the next 16 months and the Yes campaign are going to have to come up with better answers than they have done to date if they want to have any hope of convincing the likes of Calton that Scotland should go it alone.