David Hughes 1825, Standard Life’s wholly-owned financial planning business, has established a Scottish regional office with the announcement today that it has entered into an agreement to acquire Munro Partnership Limited with assets under advice of over £600 million.
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Scottish Widows is among six life insurance firms now being investigated by the Financial Conduct Authority after it raised concerns that some long-standing customers may not have been told when charges were applied. Edinburgh-based Widows is included in the group named by the City watchdog along wi
Edinburgh-based Dunedin has bought an £80m stake in fellow private equity house Alpha, consultants to top financial services firms including Axa and Barclays Wealth. The company was sold by mid-market rival Baird, which had bought a majority stake in Alpha for £28m in 2013.
The Financial Reporting Council’s Conduct Committee has today instructed its Executive Counsel to launch a fresh preliminary investigation into the conduct of KPMG in its role as auditor of HBOS prior to the group's collapse and subsequent £25 billion taxpayer bailout. The probe will invoke the F
Jason King Royal Bank of Scotland has today announced that Jason King will be joining its Williams & Glyn spin-off bank next year in the role of marketing director.
Asset managers are planning to raise spending to combat future cyber attacks, according to analysis from the latest CBI/PwC financial services survey. The asset management sector focus reveals that despite business volumes falling at their sharpest rate since March 2009, firms have clear investment
Scottish accountancy practice French Duncan has rebranded its wealth management arm from French Duncan Financial Services Ltd to French Duncan Wealth Management to "better reflect its style of practice and changes in the way that financial services are delivered". Zane Hunter, Managing Director of F
David Ferguson Edinburgh-based financial “wrap” provider, Nucleus, has this week posted its best-ever first-half results, with operating profit swelling by 140 per cent year-on-year to reach £2.4 million.
The head of Deloitte in Scotland wants to set up a digital hub to help the accountancy firm’s clients across the UK make better use of online technology. Steve Williams, who started in the role in March this year, hopes to start work on the venture shortly and build up a team of software engineers
Richard Petrie Aberdeen-based accountants Anderson Anderson & Brown LLP (AAB) has announced the appointment of Richard Petrie as corporate benefits manager within their integrated employment solutions team.
Scottish Equity Partners has further expanded its infrastructure team with the appointment of Romain Keyen as associate and Adam Delaney as director of finance. Mr Delaney is based in SEP’S newly opened Edinburgh office and will take responsibility for infrastructure fund accounting, as well as as
The Scottish Government has announced an initial £6 million of financial support for economic growth in Fife following the announcement on Monday of hundreds of job losses at paper-maker Tullis Russell. Holyrood officials said the money will used in part to help fund retraining for the workforce at
Energy giant Centrica, the owner of Scottish Gas, has appointed a former Aviva boss to run its residential energy business. Mark Hodges becomes managing director of the key operation at a time when the energy market is the subject of a fullscale competition inquiry.
Aberdeen-based accountants Anderson Anderson Brown has announced the promotion of four members of their management team to senior positions. Management information solutions (MIS) specialists Carol McGregor and Jonathan Leiper have been elevated along with Lynn Gracie of the firm’s private client
Betsy Williamson Edinburgh-based financial sector recruitment firm Core-Asset Consulting has announced the launch of a new Investment Operations team aimed specifically at supporting third party administrators (TPAs), global custodians and platform providers based in Scotland.
