Wealth manager Brewin Dolphin has won the Citywire Adviser Choice award for the Scotland and Northern Ireland regions. The awards recognise the exemplary service provided by wealth management companies to financial advisers and is voted for by advisers across various categories, including value for
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New data from financial mutual Scottish Friendly has revealed investment by female customers into newly opened stocks and shares ISA policies reached its highest than in any quarter since the start of the global pandemic. The Scottish Friendly Investor Index tracks sales of adult investment ISA poli
The Scottish Conservatives have revealed plans for an ‘Open the Books Bill’ to increase the financial transparency of the Scottish Government.
The number of reports to the Financial Conduct Authority (FCA) of alleged cryptocurrency scams has more than doubled in the last year. According to a Freedom of Information request, the FCA received 6,372 alerts about suspected crypto frauds in 2021, an increase from the 3,143 reported in 2020.
Douglas Grant, managing director of Conister, CEO at Manx Financial Group PLC, discusses why the UK Government must significantly reduce their leveraging of SMEs. As the successful vaccination and booster rollout continues in the UK and with restrictions subsiding, you would be forgiven for thinking
The Bank of England has launched a consultation on whether to scrap affordability rules for mortgage lending. In 2014, the bank's Financial Policy Committee (FPC) introduced two Recommendations to guard against a loosening in mortgage underwriting standards and a material increase in household indeb
From today new restrictions will apply to claims management companies (CMCs) to prevent them from charging excessive fees to consumers owed compensation from financial services firms. Under new Financial Conduct Authority (FCA) rules in force from today, the maximum consumers can be charged will dep
Three managing directors at business advisory firm Quantuma have been appointed as joint administrators of financial cooperative Strathkelvin Credit Union (SCU). The Dunbartonshire-based credit union, founded in January 1996, entered administration yesterday as a result of regulatory breaches which
Barrhead Housing Association has announced the appointment of Lauren Rice as its new director of finance and corporate services following a competitive recruitment process. PwC-trained Lauren brings a wealth of financial and management experience across social housing, private and public sectors.
The imposition of additional trade and financial sanctions by the UK, US and EU against Russia will have major implications for businesses and merits preparatory contingency planning, writes Stacy Keen, senior associate at Pinsent Masons. The UK government this week introduced sanctions which c
Adrian Chiles has won a seven-year battle with HMRC over a £1.7 million tax bill for his broadcasting work. A first-tier tax tribunal ruled that Chiles was right to organise his financial affairs through his company, Basic Broadcasting, and was not in effect an employee of the BBC and ITV.
Burness Paull has completed a letting at BAM TCP Atlantic Square Limited’s 2 Atlantic Square, Glasgow, in the heart of the city’s International Financial Services District.
Edinburgh-based financial services firm Aegon UK has posted an operating profit of £158 million in 2021. This is an increase from the £128m posted in 2020.
Big Four firm PwC is being investigated by the Financial Reporting Council (FRC) over its audits of construction firms Kier and Galliford Try. The initiation of these investigations takes the number of probes into the firm to seven. The FRC was already scrutinising PwC's audits of Eddie Stobart, BT,
Richard Lloyd has been selected as interim chair of the Financial Conduct Authority (FCA) while the Treasury searches for Chris Randell's permanent successor. Aidene Walsh will act as interim chair of the Payment Systems Regulator (PSR) from 1 April 2022.
