We are the voice of insurance and long-term savings | Contact us

Discount Rate in Scotland

Commenting on the announcement of the Discount Rate in Scotland Alastair Ross, Assistant Director, Head of Public Policy (Scotland, Wales and NI) said:

Alastair Ross“This is a bad outcome for Scottish insurance customers and taxpayers that does not reflect the real world environment of how investment decisions are made. It means that compensators, including the NHS, public bodies and insurers, will face higher payouts in Scotland. A Discount Rate that’s lower for Scotland than England and Wales will mean higher insurance costs North of the Border which could push up premiums for Scottish motorists as a result.”

Last updated 30/09/2019