Peter Young, Partner, head of Private Client Tax at Johnston Carmichael, highlights the tax pitfalls facing many people with personal pension schemes, as an important deadline looms into view and the NHS finally makes a move to address the situation
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The UK held more inwards Foreign Direct Investment (FDI) stock than Germany and France combined by the end of 2018, according to the latest United Nations data released today.
Former RBS executive Jim Brown has been appointed CEO of Sainsbury's Bank, subject to regulatory approval. Mr Brown will join as CEO designate next Wednesday and will work with outgoing CEO Peter Griffiths for a short handover period.
Banks and building societies will be banned from charging higher prices for unarranged overdrafts than for arranged overdrafts under new reforms announced by the Financial Conduct Authority (FCA). The new reforms, aimed at making overdrafts simpler, fairer and easier to manage for consumers, represe
M&G Prudential (M&GP) has announced a UK-wide location strategy that will see 400 jobs moved to the Scottish capital. M&GP, the savings and investments business of insurance giant Prudential will begin a phased move from its current 7 UK locations to 3 in 2025, with Stirling an
The Financial Conduct Authority (FCA) has today confirmed it is introducing reforms to fix what it says is "a dysfunctional overdraft market" that will mean banks and building societies will no longer be allowed to charge fixed daily or monthly fees for overdrafts. The City watchdog said he changes
Over two fifths (44 per cent) of adults in Scotland are worried about their current level of personal debt, a new survey of over 2,000 British adults by insolvency trade body R3 in Scotland and ComRes has found. This is notably higher than in April last year, when 35 per cent of adults in Scotland s
The growing range of video streaming services available to viewers; demand for internet access and business spend on internet advertising will drive the UK’s entertainment and media sector to grow by £10bn over the next five years.
Alisdair Matheson, an insurance and risk partner with Brodies LLP, has been appointed president of the Insurance & Actuarial Society of Glasgow (IASG) – the first lawyer to take up the position in the body's 138-year history. The IASG is a training, mentoring and support net
The redevelopment of the B-listed Kingston House at Buchanan Wharf in Glasgow to create a major fintech hub for Barclays will now save most of the structure, under newly revised plans.
Unique events are taking place in Edinburgh and Glasgow this week to help legal, accounting and banking professionals in the cities and wider regions to offer clients information and advice on employee ownership. The Law Society of Scotland, Institute of Chartered Accountants Scotland (ICAS) and Co-
The Scottish Building Society, Scotland’s only independent building society and world’s oldest, has appointed Paul Denton, formerly of the Co-operative Bank and Royal Bank of Scotland, as its new chief executive at its annual meeting this week. Mr Denton will succeed Mark Thoms
Andrew Foyle, Partner and Solicitor Advocate at Shoosmiths in Edinburgh, highlights why recent Sheriff Court judgments necessitate the need for asset finance lenders to carefully consider and even structure how they pursue debts through the courts.
Cyber security is not managed as a risk to businesses and is too often left to IT specialists to handle, a global survey carried out by ACCA and CA ANZ has revealed.
Three Unexplained Wealth Orders have been secured as part of a National Crime Agency investigation into London property linked to a politically exposed person believed to be involved in serious crime. The UWOs, which were obtained at the High Court last week, are for three residential properties in
