David Davison and Douglas Fraser
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Scottish independence: Pensions expert David Davison answers your questions

Pensions expert David Davison has been answering questions surrounding pension provision in an independent Scotland.

During the latest in a series of BBC Scotland webcast interviews ahead of the 2014 independence referendum, Mr Davison, director and owner of the actuarial firm Spence & Partners, said the challenge would be the transition of schemes from one administration to another, in the event of a "Yes" vote.

A paper by professional chartered accountants body ICAS, to which Mr Davison was a contributor, raised a number of questions in relation to the issue and urged both the Scottish and UK governments to look at the matter carefully.

The Scottish government has given an assurance that benefits, tax credits and state pensions would continue to be paid from the first day of independence.

Ministers said it would then be up to future administrations to tailor arrangements to Scottish needs.