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Banff-headquartered financial advisers Structured Financial Planning is celebrating the opening of a new office in Banchory by agreeing a sponsorship deal with Torphins Olympic skier Alex Tilley. The company manages over £90 million of pensions and investments for personal and business cl

Glasgow-based Xcel Financial Services Limited (XFS Limited), a provider of sales ledger management, credit control and debt recovery, has appointed Margo Kidd as a director. Ms Kidd joined XFS Limited in 2020 as chief operations officer and has 32 years of experience in the collections industry

Edinburgh-based financial services company Nucleus Financial Group has seen its assets under administration (AUA) increase by 19% year on year, approaching the £19 billion mark. As of 30 June 2021, the company's AUA rose to £18.9 billion, up 19.2% year-on-year and 5.1% on the previous qu

Perth-based Carbon Financial Planners has teamed up with 1999 Carnoustie Open winner and former Ryder Cup star Paul Lawrie in support of a high-profile Tartan Pro Tour event teed up for Perthshire in September. Carbon Financial enjoys a long-standing corporate partnership with Blairgowrie Golf Club,

Shareholders in Edinburgh-based financial services company Nucleus Financial Group have accepted a £145 million takeover offer for the firm. Retirement planning firm James Hay Partnership told Scottish Financial News that 91.73% of the Nucleus Financial plc s

Provident Financial is planning to shut its venerable 141-year-old doorstep lending arm after increasing pressure from the regulator. The firm is also set to close its online lending business, Satsuma.

Edinburgh-based financial services company Nucleus Financial Group has seen its assets under administration (AUA) increase to £18 billion in the three months to March 21 2021. This figure is up 28.4% year-on-year and 3.1% on the previous quarter. By comparison, the FTSE All-Share Ind

The RSM Financial Conditions Index has continued to improve, and with it a trajectory that steepened marginally, reflecting a wider more optimistic mood amongst policymakers and analysts as they revise up their Q1 GDP figures. The firm’s Index, an aggregated performance indicator of currency,

Financial institutions are spending, on average, 14% of annual operating costs on change management functions in order to drive greater productivity gains, a new PwC study has shown.

Edinburgh-based financial services company Nucleus Financial Group has announced that its acquisition by James Hay Holdings will be implemented by way of a recommended takeover cash offer after employees at the firm voiced concerns about the deal. The firm said that the takeover offer will be u

Edinburgh-based financial services company Nucleus Financial Group has delivered a "resilient financial performance" and strong AUA growth in face of challenging market conditions in 2020. The firm has published its audited annual results for the year ended 31 December 2020, revealing that

Hillington-based fintech company Beeks Financial Cloud has revealed it is considering further acquisitions after seeing a 24% rise in revenues in its first-half results. For the six months ended 31 December 2020, the firm's revenues increased to £5.29 million, compared to £4.28m in the f

The employees of Edinburgh-based financial services company Nucleus Financial have said they are opposed to the proposed £145 million takeover of the firm. In the Scheme Document published by Nucleus, the firm's staff have highlighted a 'significant anxiety' about the impact of the takeover on

More than half (52%) of financial institutions say they expect to have more gig-based employees over the next three to five years, according to a new PwC report. 

A report led by Dame Sara Thornton, the UK's Independent Anti-Slavery Commissioner, has found worryingly low levels of awareness of forced labour and exploitation of workers in the UK's financial sector.  It found that nearly half of bankers and other finance staff don’t know about the na