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The Financial Conduct Authority (FCA) has warned that social media is encouraging young people to invest in risky cryptocurrencies. The financial regulator warned that “hype” on social media platforms and in the news is driving new investors to channel their money into high-risk investme

Scotland has the most self-contained investor base outside of London, and one of the UK’s most vibrant financial ecosystems, according to new research published today as part of the British Business Bank’s first annual Regions and Nations Tracker. However, while Scotland’s 9% share

Alan Steel, an investment adviser renowned for his straight-talking about the financial industry, has died at age 74. Mr Steel was the first person in the industry to expose the Equitable Life scandal and was also highly critical of any products he considered poor value for money, including endowmen

Andrew Scouller, an independent financial advisor at Phil Anderson Financial Services Ltd, discusses further education funding in the wake of COVId-19 and Brexit. As students return to college and university, it’s an apt time to reflect on how the seismic changes wrought by the pandemic and by

Women in the financial services sector have bounced back following the relaxation of Covid-19 restrictions according to a new report by Edinburgh-based recruitment firm Core-Asset Consulting.  Core-Asset Consulting found around half of candidates registering in the last quarter have been women,

The pandemic has caused a dramatic rise in financial vulnerability in Scotland as 27% of those in the country now feel more financially vulnerable than they did in March 2020, according to new research from mutual insurer Royal London. Of those, 31% attributed this to a reduced income and 13% had a

Consumers are currently facing a £371 billion savings shortfall when it comes to feeling able to withstand a financial shock, according to Yorkshire Building Society’s The Nation’s Nest Egg report.

James Irving-Lewis of Phil Anderson Financial Services in Aberdeen discusses the COVID-19 insurance myth. With more than 1.8 million confirmed cases of coronavirus (COVID-19) worldwide and fears that 80% of the UK population will fall ill as a result, many people are looking to their insurance provi

Global financial services consulting firm Sionic has appointed Scott Lee as a partner in the firm’s  Wealth Management & Private Banking Practice Mr Lee joins Sionic from his former role as investment management director in the Wealth & Asset Management Practice at KPMG. Based in

Staff at the Glasgow office of financial services giant Morgan Stanley are playing their part in tackling loneliness among older people. A group of them are volunteering as Phone Friends with the charity Food Train, which helps those aged 65 and over live better lives in their own home.

DataVita, Scotland’s largest data centre and multi-cloud services provider, has reported a more than 100% increase in its contracted revenues for the last financial period, rising from £15 million to £31m. The revenue growth comes on the back of a number of new contract wins across

A free national debt advice service has been launched for people across Scotland. The moneyadvice.scot service from Advice Direct Scotland is for anyone struggling to meet their current financial commitments.

Scotch Whisky distiller Edrington has posted a profit before tax of £178.4 million - a drop of 21% from the previous year. For the year ended 31 March 2021, the Glasgow-based firm's core revenue stood at £576.2m, down 15% from 2020 while the company's core contribution of £196.5m w

Scottish financial services chief Anne Richards has been honoured with a damehood in the Queen's birthday honours. Ms Richards, chief executive of Fidelity International, has been recognised for services to financial services, women, education and science.

Capital Credit Union is calling on the Scottish Government to appoint a financial wellbeing Tsar as part of a package of measures to help in the recovery from the Covid pandemic. The Edinburgh-based organisation says a three-pronged approach between credit unions, government and employers is needed