Peter Shand explores the latest trend of the super-wealthy setting up finance and legal offices to deal with their affairs. Scotland’s financial ecosystem is changing and one of the latest drivers could be the increase in the number of official ‘family offices’ being set up.
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Hugh Carr has been appointed to Berwickshire Housing Association's (BHA) board of trustees. Mr Carr is a chartered accountant and after an early career in audit and financial management in the private sector and the NHS, he has worked in and around Scottish housing associations since 1995, as a fina
In the wake of the COVID-19 pandemic, 26% of UK consumers say they are not confident about their financial situation, according to a Chartered Institute for Securities & Investment (CISI) survey.
The Financial Conduct Authority (FCA) has urged Google to clamp down on adverts for online financial scams.
Glasgow-based technology firm Exizent has secured £3.6 million in funding from several investors including FNZ to transform the way the legal and financial services industry deals with bereavement. Exizent is building the first-ever platform that connects data, services and the network of peop
The Financial Conduct Authority (FCA) has today launched a Call for Input (CFI) to help shape its work on improving the consumer investment market. The financial watchdog has said that too often, consumers receive lower returns than they should because of unsuitable products with high fees. It
The Financial Conduct Authority (FCA) has confirmed the extension of mortgage holidays for consumers who still face financial difficulties, as well as those whose financial situation may be newly affected by coronavirus after the current FCA mortgage guidance ends.
Deloitte has become the first of the Big Four accountancy firms to establish plans for a new governance structure to comply with the financial regulator’s demands for a break-up of their operations. The company has revealed that it will establish an audit governance board in January next
South of Scotland Enterprise’s board has announced up to £1 million financial support to the Langholm Initiative charity in its venture to purchase part of Langholm Moor from Buccleuch Estates. The Langholm Initiative is spearheading a campaign to raise enough funds to buy the land and b
Accountants, financial and business advisers Armstrong Watson are warning pension savers of the importance of seeking professional financial advice after Action Fraud revealed last week that more than £30 million may have been lost to scammers since 2017. The latest figures suggest that m
Of the 3.7 million UK households who have been granted a bill ‘payment holiday’, over six in ten are already facing financial difficulties and will struggle to repay their debts when these arrangements end, according to a national survey of household finances conducted by the Standa
Glasgow-founded wealth management firm Smith & Williamson has officially merged with financial services firm Tilney. The group has now been renamed Tilney Smith & Williamson with effect from today. The merger has created the UK’s leading integrated wealth management and professional se
A total of £30,857,329 has been reportedly lost to pension scammers since 2017 according to complaints filed with Action Fraud, the Financial Conduct Authority and The Pensions Regulator have said.
Cultural organisations in Dundee have launched the £1 million Dundee Cultural Recovery Fund to ease the financial burden created by the coronavirus pandemic and kick-start the city's cultural and economic recovery.
From today, 3.5 million eligible self-employed people in the UK will be able to claim for the second grant under the Self-Employment Income Support Scheme (SEISS) - which gives financial support during the coronavirus crisis.
