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One of the largest financial advice networks in Northern Ireland, Milecross Financial has announced a £1.5 million investment to further expand their operations across Scotland through several key acquisitions and partnerships in Glasgow, South Lanarkshire and Aberdeen. This latest move furthe

Henderson Loggie Financial Planning has appointed Jonathan McDowall and Ricky Clark as board directors. The two are both highly experienced financial planners and have been instrumental in driving Henderson Loggie Financial Planning’s significant growth over the past five years.

Scottish accountancy firms and financial regulatory bodies have responded to Chancellor Rishi Sunak's Spring Statement announced yesterday. The Chancellor cut fuel duty by 5p per litre, which came into force from 6pm last night and will last until March next year. He also announced that the income t

More UK financial institutions are targeting acquisitions and partnerships with fintech firms to boost their position in a growing market, according to a report from Bank of Scotland owner Lloyds Bank. More than two fifths (46%) of financial services firms plan to grow investment in their fintech ca

Scottish Financial Enterprise (SFE) has launched its five-year strategy for the financial services sector, establishing a range of proposals to drive collaboration across the industry and with both the Scottish and UK governments. Scotland’s Financial Services Strategy was designed by the indu

Gilson Gray Financial Management (GGFM) LLP, the investment arm of law firm Gilson Gray, has appointed Steve Herkes as its new managing director, continuing the firm’s string of 2021 hires. Spearheading GGFM’s ambitious growth strategy, Mr Herkes will be responsible for the strategic dir

Cities and regions can apply for additional funding from the Scottish Government to help them recover from the coronavirus pandemic. Speaking ahead of the first meeting of the City Centre Recovery taskforce on Thursday, economy secretary Fiona Hyslop announced two new funds totalling £4 millio

Aberdein Considine has strengthened its financial services team with the appointment of senior finance specialist Stuart Hunter. Mr Hunter has joined the firm as its director with responsibility for training and competency following senior roles with a number of major financial institutions includin

Edinburgh-based financial services company Nucleus Financial Group has launched a fully integrated, low-cost, outcomes-based managed portfolio service which has been designed to align client goals directly with their investments. The solution – called IMX – introduces a positiv

Edinburgh-based financial services company Nucleus Financial Group has announced the completion of certain assets of OpenWealth. Last month, Scottish Financial News reported that Nucleus had agreed to purchase the assets of OpenWealth for £1.5 million.

Edinburgh-based financial services company Nucleus Financial Group has agreed to purchase the UK business and assets of Genpact Wealth Management UK Limited (which operates under the trading name OpenWealth) for £1.5 million.  The deal is expected to be completed

Aberdeen Standard Asia Focus PLC, a company managed by Aberdeen Standard Investments, has posted its annual results, revealing a net asset value (NAV) drop of 13.6% in sterling terms. For the 12 months to July 31 2020, Aberdeen Standard Asia Focus's share price also dropped by a similar 13.2%. In co

Independent financial adviser Catriona Smith has been named as Scotland's financial adviser of the year at the Women in Financial Advice Awards for a second consecutive year. Ms Smith has been an independent financial adviser at Chase de Vere since 2008 and her clients cover the length and brea

The impact of the coronavirus pandemic on future public spending decisions to protect equalities and human rights in Scotland is to be considered by a Holyrood Committee.  The Scottish Parliament’s Equalities and Human Rights (EHRi) Committee has issued a call for views on the financial i

Galliford Try has been ordered by the Financial Reporting Council (FRC) to restate its 2018 accounts after an investigation found the company should not have recognised an £80 million claim recoverable from Transport Scotland on the Aberdeen Western Peripheral Route (AWPR) contract when it did