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Alliance Trust Savings top of FCA complaints table

Alliance Trust Savings top of FCA complaints table

Dundee-based investment platform Alliance Trust Savings has been named among the most complained about providers in the latest FCA complaints data. ATS was the most complained about in regard to decumulation and pensions, with 26.4 complaints per 1,000 client accounts in the regulator’s breakdown. In terms of investments, ATS also saw an average of 14.1 complaints […]

Floundering House of Fraser turns to KPMG

Floundering House of Fraser turns to KPMG

Department store chain House of Fraser has appointed KPMG to advise it in a move that could result in store closures and job losses. The retailer, which has 59 stores, 6,000 staff and 11,500 concession staff and was acquired by Chinese conglomerate Sanpower in 2014, has called in the “Big Four” firm to produce a […]

Retirees refuse to throw caution to the wind following pension freedoms – Pru

Retirees refuse to throw caution to the wind following pension freedoms – Pru

Just how careful pensioners remain with their retirement funds since the introduction of Pension Freedoms has been revealed by new research from Prudential. The Freedoms – introduced in April 2015 – allow savers to withdraw money from their private pension pots without any limit. While critics said it would lead to pensioners running out of […]

Johnston Carmichael launches online guide to power up support for tech sector

Johnston Carmichael launches online guide to power up support for tech sector

Hotspots from Oban to Orkney have been tracked as part of a new interactive guide to the growing Scottish technology sector produced by independent accountancy and business advisory firm Johnston Carmichael. Representatives from Scotland’s most exciting technology clusters, including Edinburgh’s Codebase – the UK’s largest start-up incubator – Glasgow’s life sciences pioneers, Dundee’s famous gaming sector and […]

UK economic confidence remains steady amid strong global outlook

UK economic confidence remains steady amid strong global outlook

The latest Global Economic Conditions Survey (GECS) from the Association of Chartered Certified Accountants (ACCA) and Institute of Management Accountants (IMA) released today found that global economic confidence is at its highest level in years, with strong growth since the start of 2017. Global economic confidence is at its highest since the first GECS survey was issued assessing Q1 […]

Blog: Less exceptions required in Prescription Bill

Blog: Less exceptions required in Prescription Bill

Senior Money Adviser Alan McIntosh argues, amongst other things, that the Prescription (Scotland) Bill 2018 should be welcomed, but the Scottish Parliament needs to ensure all obligations to pay debts arising from personal contracts and statute should be covered by short term negative prescription, with few exceptions.   Scotland’s law of prescription governs when an obligation […]

AAB announces three new partner appointments

AAB announces three new partner appointments

Scottish Chartered Accountants & business advisors Anderson Anderson & Brown LLP (AAB) has announced the promotion of three new Partners. The trio of Steven Fraser, Brian McMurray and Kevin Meaney, bring the number of partners at the Aberdeen-headquartered firm to fifteen. Steven Fraser is head of Payroll & Employment Taxes at AAB, specialising in global […]

Scottish business investment rising – SCC survey

Scottish business investment rising – SCC survey

The latest Scottish Chambers of Commerce’s Quarterly Economic Indicator survey has shown rising levels of investment across Scottish businesses, as expectations grow amongst firms for a strong 2018. The survey, produced by the Scottish Chambers of Commerce Network in collaboration with the University of Strathclyde’s Fraser of Allander Institute, found that while some sectors remain […]

New mission-led investment venture to support Scotland’s social entrepreneurs

New mission-led investment venture to support Scotland’s social entrepreneurs

A new mission-led investment venture aimed at stimulating social entrepreneurship in Scotland has been launched by responsible finance provider Social Investment Scotland (SIS). SIS Ventures plans to provide the tools and mission-aligned investment required to help early stage businesses and social enterprises grow and deliver social impact at scale. The company is in the process […]