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New data has revealed that the accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies increased from £81bn on 31 March 2016 to £92bn at the end of April. At 29 April 2016, asset values were £655bn, representing a fall of £2bn compared to the corres

Maureen Leslie Scottish insolvency practitioner Maureen Leslie has been appointed President of the London-based Insolvency Practitioners Association (IPA).

Edinburgh-based bailed-out Royal Bank of Scotland has reduced its lending to oil and gas companies across the world and doubled its green energy loans in the UK, according to new data. Provisions made to the UK renewable sector now stand at £1bn a year, data published by The Guardian newspaper show

Adrian Grace Edinburgh-based life and pensions group Aegon UK is to offload most of its UK annuity portfolio to specialist insurer Rothesay Life.

Andrew Holloway Andrew Holloway is head of technology & emerging markets in Scotland for Grant Thornton

Sue Hogg (CHAS), David Cunningham (ARCHIE), Garreth Wood, Sir Tom Hunter (STV Children's Appeal), Dr Kenneth Simpson (VSA) The profits of two restaurants in Aberdeen and Edinburgh, run by Scottish philanthropist Garreth Wood and totalling more than £250,000, are to be donated to charity.

(L-R): David Allan and Alan Stewart

Business advisers and accountants Scott-Moncrieff have kicked off the year by announcing a new board for their growing business, which encompasses offices in Edinburgh, Glasgow and Inverness, following a merger last year with Callander Colgan.

The Council of Mortgage Lenders has outlined a range of calls to action for regulators, government and the mortgage industry itself to improve the market for older consumers who legitimately wish to borrow in retirement to meet various needs. The CML's report Retirement borrowing: reality, perceptio

L-R: John McAuslin, Andrew Shepherd, Chairman of Johnston Carmichael, Sandy Manson, CEO of Johnston Carmichael and Alex Docherty Scotland’s largest independent firm of chartered accountants and business advisers, Johnston Carmichael, has announced four key appointments to its senior team, effectiv

Perth-based utilities giant SSE has announced adjusted pre-tax profit of just under £549m in the six months to the end of September – an increase of 48 per cent on the same period last year. The rise was helped by wet and windy weather in Scotland and Ireland, which boosted renewable output.

Perth-based investment firm Braveheart has posted a pre-tax loss of £1.04 million – 3.84p per share – for the half year to the end of September, up from a loss of £88,000 or 0.35p per share a year ago. The firm also revealed that revenue was down a third at £610,000 due to the Viking equity c

Deloitte’s survey of oil and gas operators and oilfield services companies has found that a lack of effective supply chain collaboration means companies are missing out on maximising the potential value from the UK Continental Shelf (UKCS). 74 per cent of respondents said collaboration was an inte

Lindsay Gardiner, regional chairman of PwC in Scotland Professional services firm PwC has announced revenue growth of 10 percent over the past year, supported by double digit growth in the Scottish practice.

New research from PwC has revealed that people want their pensions to be treated more like Individual Savings Accounts. Over half of Scots surveyed say tax relief on pension contributions should be scrapped and replaced with tax-free pension payments in retirement – the strongest point of view amo