Standard Life Aberdeen plc has announced its intention to change its name to Abrdn plc. The firm has said that the new Abrdn name will be part of a "modern, agile, digitally-enabled brand" that will also be used for all the company's client-facing businesses globally.
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Scottish Financial Enterprise (SFE), the representative body for Scotland’s financial services industry, has launched its first-ever election manifesto, calling for increased collaboration between business and the next Scottish Government to help drive a fair, inclusive and green recovery. The
Jae Fassam, partner at law firm CMS, discusses the increasing role of Environment, Social, Governance (ESG) in Scottish businesses. As Scotland recovers from COVID-19 and businesses adjust to a new, post-Brexit landscape, rebuilding the economy in a sustainable manner will be the core focus over the
Independent accountancy and business advisory firm Johnston Carmichael has launched a unique virtual workplace challenge for more than 100 students across the country. The scheme, which is the first of its kind, is a partnership with Skills Development Scotland, schools and further education college
More than half of the UK’s listed companies currently at heightened risk of insolvency made a claim for government support in December 2020 and could face a financial cliff edge when it comes to an end, according to the latest EY analysis of profit warnings.
Michael Reid, managing partner at Meston Reid & Co, gives his take on how changes to insolvency law could come into play for one key industry sector – the fishing industry. Whether it is the continuing impact of COVID-19 or the more recently reported effects of Brexit, media comments proli
Scottish Equity Partners (SEP) has completed a significant growth equity investment in Glasgow-based AutoRek, a provider of financial control, regulatory reporting and data management software. AutoRek’s cloud-based software as a service (SaaS) platform has experienced significant growth in th
The impact of COVID-19, Brexit and the climate emergency is accelerating deep and dramatic changes to the make-up of Scotland’s critical financial sector, according to a comprehensive report. Edinburgh-based Core-Asset Consulting’s Industry Trends and Salary Guide is a forensic revi
KPMG UK has published its annual results for the financial year ended 30 September 2020 reporting a resilient performance, despite COVID-19 challenges. Despite the pandemic’s impact on seven months of the firm’s financial year, revenue decreased by just 4% from £2.4 billion to
RSM and KPMG's heads of tax in Scotland have issued predictions for the upcoming Scottish budget with the two anticipating a focus on recovery after COVID-19. Shirley McIntosh, RSM’s head of tax in Scotland, said the budget should be a 'war chest statement' ahead of the May election.
PwC in Scotland has made eight director promotions across its assurance, tax and advisory practices, with women accounting for almost two-thirds of the new roles. Of the eight directors named by the professional services firm, five are women. PwC employs more than 1,000 people across three offices i
After an eventful start to 2021, which has already seen the completion of Brexit, new lockdown measures and the acceleration of the COVID-19 vaccination programme, experts from Johnston Carmichael, have revealed their top business predictions for the remainder of the year. They speculate that climat
Yorsipp, a specialist provider of bespoke SIPP, SSAS and 'At Retirement' pension solutions, has appointed Iain McCallum as its new technical and compliance manager. Mr McCallum is a pensions expert with over two decades of experience in the financial services industry, having served in various capac
Partners at Big Four accountancy firm PwC saw their pay decimated in the year ending 30 June 2020 as the firm sought to protect jobs and salaries during the COVID-19 pandemic. PwC's headline financial results reveal that the average distributable profit per partner was down 10% to £685,000 as
KPMG has set its sights on further growth in Aberdeen following the senior appointment of Carole Innes. Ms Innes will head up the firm’s Business Development strategy, with a particular focus on the energy sector and privately-owned companies serviced by KPMG’s growing Private Enterprise
