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Yes. We believe it is in the best interests of all parties for the current arrangements to continue – although we are also prepared to make specific arrangements for Scotland – to ensure that people will have the same level of protection as is currently provided by the UK Pension Protection Fund, the Financial Assistance Scheme and the Fraud Compensation Fund.

We will also ensure that arrangements for an effective compensation scheme are established, mirroring the level of protection provided in the UK Financial Services Compensation Scheme.

Source: Scotland's Future, Scottish Government, November 2013.