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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

McCrea Financial Services has today announced two key senior appointments as it reveals a strengthening of its senior management. Elaine Hamilton is promoted to director of business development, whilst Lesley Anne MacGregor is appointed director of operations.

Acumen Financial Planning has been awarded the prestigious title of Accredited Financial Planning Firm of the Year at the recent Chartered Institute for Securities and Investment (CISI) awards ceremony held at the Hilton Birmingham Metropole on Monday evening, becoming the first firm to win the awa

A financial health check of Scottish law firms has indicated that increasing work volumes have boosted revenue, although sole principal solicitor firms are shown to be struggling.

The Financial Reporting Council (FRC) has launched an investigation into financial statements of construction materials supplier SIG.

Ronnie Stokes Bibby Financial Services (BFS) has provided a £2.2 million invoice finance funding facility to Care Visions, a leading independent fostering and residential care provider for vulnerable children, adults and the elderly.

Steve Davies A new PwC report has revealed that 61 per cent of UK financial services industry leaders believe they could lose as much as 40 per cent of their revenue to standalone FinTech firms, compared to 51 per cent of financial services leaders globally.

Chas Roy-Chowdhury As Scotland embarks upon a new era of devolved tax powers, the Association of Chartered Certified Accountants (ACCA) has warned that maintaining simplicity must be the main priority for Holyrood.

Derek Robertson An Aberdeen-based independent financial services firm has made a key appointment to strengthen its services.