Search: financial focus

The Financial Conduct Authority (FCA) has today set out plans for a new Consumer Duty, which will set a higher level of consumer protection in retail financial markets for firms to adhere to. Firms are already bound by FCA rules and principles to treat customers fairly and many firms are delivering

Independent financial advisory firm Phil Anderson Financial Services has recently appointed Jim Mortimer as a mortgage and protection adviser. Mr Mortimer will be based in the Ellon headquarters of the firm and will be supporting clients with mortgage and protection advice in and around Ab

A new accelerator programme developed by Edinburgh-based Label Ventures was launched in the UK yesterday to help organisations around the world succeed in the new economy after lockdown in ways that are both good for people and good for the planet. The Build Back Better Accelerator will support

Stonehaven-based firm Buchanan & Associates Financial Planning has been acquired by Independent Wealth Planners (IWP) for an undisclosed sum. Buchanan & Associates Financial Planning will continue to trade under its own name and from the same premises on David Street.

The Bank of Scotland Foundation has launched its Invest grant programme today, which is a multi-year programme for charities helping vulnerable people manage various financial issues, including those who were already facing significant difficulties with their finances before the pandemic, and those

The Scottish Hospitality Group (SGH) has called on the UK government to improve the furlough scheme after it emerged its members are – on average – paying the UK government around £150,000 per week in National Insurance contributions, while receiving just £66,000 a week in fi

The Financial Conduct Authority (FCA) and the Financial Reporting Council (FRC) have issued a joint statement reminding companies that extended financial information timelines continue to apply. Public policy interventions made in 2020 provided more time for the work necessary to ensure that publish

The Scottish Government has announced that an additional £5 million is being made available to students who are experiencing financial difficulties as a result of the coronavirus crisis. Students across Scotland can apply to their college or university’s Discretionary Fund for help if th

The Financial Conduct Authority (FCA) has proposed a public censure for directors of collapsed contractor Carillion instead of a financial penalty, despite finding them to have been knowingly reckless in their reporting of the company’s performance.

Stirling-based independent metering, utility construction and energy network business Energy Assets Group has appointed Luca Sutera as chief financial officer.  In an impressive business career, Mr Sutera has gained considerable expertise in power and renewable energy markets, most recentl

The Financial Conduct Authority (FCA) has published proposals on how firms should continue to seek to help customers who hold insurance and premium finance products and may be in financial difficulty because of coronavirus after October 31. The proposed guidance sets out how firms should provide tai

Aberdeen-based global payroll and tax compliance specialist activpayroll has announced the appointment of Nick Southwell as chief financial officer. Mr Southwell has previously worked for large international businesses, mentored start-up companies in the technology sector, consulted with various FTS

A package of financial flexibilities and extra funding for councils which could be worth up to £750 million has been agreed by the Scottish Government in partnership with COSLA. To address the financial pressures caused by the COVID-19 pandemic over the next two years, councils will be granted

Hi55 Ventures, a company founded by Scottish fintech entrepreneur David Brown, has launched a new financial services product called Hi that is set to revolutionise company finance and how workers are paid. Payroll is the biggest expense and demand on working capital in almost every business. COVID-1

Anderson Anderson & Brown Wealth Ltd (AAB Wealth) has announced the appointment of chartered financial planner Richard Johnston. Mr Johnston brings over 15 years’ experience in financial services to the firm, having previously led the Financial Planning team at Murray Asset Management