A Worry For Scottish Fund Managers
I had lunch with an intelligent lady yesterday and the subject of Scottish devolution came up.
She said that she had money invested with Scottish Funds and would be moving the money to London before the devolution referendum.
So how much sensible money will be removed from North of the Border?
I certainly wouldn’t allow any of my money to be managed outside of the country in which I live. I moved my pension away from a company controlled by the Bank of Santander for just that reason.
Several of my friends have lost savings and their pension over the last few years. I wouldn’t put all or any part of my money in an overseas basket!
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