Gordon Couch, a financial adviser who scammed a Scottish widow with dementia, is being pursued for £762,597 under proceeds of crime laws. Mr Couch was convicted of embezzling £170,000 belonging to Marjorie Stewart before and after her death in an Edinburgh nursing home. He admitted
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Proposed changes to the UK's financial reporting rules following Brexit have been published by the Financial Reporting Council (FRC). The FRC issued the FRED 80 draft amendments on Friday, which propose to update the application guidance to FRS 100 to reflect changes to company law and decisions on
The provision of financial education to young people in Scotland received a massive boost this month as OSCR approved the transfer of Stewart Ivory Financial Education Trust’s (SIFET’s) assets and activities to Young Enterprise Scotland (YE Scotland), signalling an expansion of financial
The Financial Ombudsman Service (FOS) has said that banks and other financial institutions still need to do more to resolve complaints from their customers fairly before people are forced to seek help from the service. People are being warned to be extra vigilant about the threat from fraudsters and
The Financial Services Regulatory Initiatives Forum has published the third edition of the Regulatory Initiatives Grid which this year includes contributions from the Financial Reporting Council (FRC) for the first time.
The Financial Conduct Authority (FCA) has launched a consultation on how it plans to regulate the pre-paid funeral plans sector.
The Financial Conduct Authority (FCA) has announced five senior appointments to help drive its transformation. Stephanie Cohen will be the FCA’s chief operating officer (COO) while Jessica Rusu will join the FCA’s as its first chief data, information and intelligence officer (CDIIO)
Angus-based independent financial advisers Ferguson Oliver has today been fully rebranded as Chase de Vere. Ferguson Oliver was founded by Mike Ferguson in 1989, and he was subsequently joined by his twin brother Ken, with the two of them being the joint owners.
The majority of financial services workers are anticipating spending more time working from home even after the coronavirus lockdown measures are lifted, according to a new survey by Deloitte.
The Financial Services Regulatory Initiatives Forum has today launched a new initiative to help financial firms prepare for upcoming regulatory work – the Regulatory Initiatives Grid. The introduction of the Grid, announced by Chancellor of the Exchequer Rishi Sunak in March’s Budget, ha
The Financial Conduct Authority (FCA) has revealed that regulated firms have received a total of 6.02 million complaints in the second half of 2019, marking an increase from 4.29m in the first half of the year. The FCA said that the increase in complaints was mainly driven by a 75% increase in
Financial services optimism fell in the three months to March and firms expect a sharp decline in business ahead, according to the latest CBI/PwC Financial Services Survey.
A study backed by Barclays has found that financial terminology such as 'pension' 'stockbroker' and 'FTSE' triggers biological stress reactions such as sweating and an increased heart rate in humans.
The Financial Reporting Lab (FRC) has published a report on disclosures on the sources and uses of cash.
Increasing numbers of working people in Scotland are struggling on their present incomes, according to new analysis from Citizens Advice Scotland (CAS).
