News

Aegon Asset Management has appointed Iain McGowan as its new partnership director. In a new role for the business, McGowan will strengthen and grow relationships across some of Aegon AM’s key UK-based institutional partners. Based in Edinburgh, he will report into Aegon AM’s head of UK c

Aberdein Considine has promoted eleven colleagues Aberdeen, Edinburgh and Newcastle, with its lender, banking and private client teams among those strengthened. Alison Forbes, who has more than 18 years with the firm as lender services UK quality assurance manager has been made an associate director

Scottish Friendly has completed its acquisition of pension and annuity in-payment books of business from Fidelity International. The transaction which was first announced last year, follows receipt of all necessary regulatory approvals. It brings an additional £2.3bn of assets under management

The Financial Conduct Authority (FCA) has admitted it has to be "careful" over proposed changes to the listing rules following the recent campaigns by US activist investor Saba Capital Management. The regulator said it was looking into reforms to help manage conflicts of interest involving activist

The Financial Conduct Authority's (FCA) chair, Ashley Alder, faced calls to resign at the regulator's first public annual meeting in Edinburgh, as whistleblowers and campaigners challenged its decision to let one of its own non-executive directors investigate how it dealt with Simon Andreisz before

The Financial Conduct Authority has launched a probe into the treatment of Epstein whistleblower Simon Andriesz after he took his own life. The British Banker highlighted alleged links between the late sex offender Jeffrey Epstein and US commerce secretary, Howard Lutnick. Transparency Task Force co

Wirecard whistleblower Pav Gill has launched a new agentic governance platform bringing governance, risk and compliance (GRC) into one system to end reliance on a "patchwork of disconnected point solutions". Confide will give professionals a shared environment in which to set the standard for how GR

By Corah Franco, private client partner, Thorntons Before the joy of watching children embark on their university journey, and the tears that often accompany the inevitable goodbye, some families may already be considering the next question: whether to invest in more permanent accommodation for thei

HM Revenue and Customs (HMRC) has extended Making Tax Digital for Income Tax to landlords and sole traders earning more than £30,000 to kick off from April 6, 2027. The UK Government's tax agency urged landlords and sole traders to act now, explaining that customers who sign up early have more

Dains Group has appointed Gemma Edwards as its new chief operating officer. Edwards will be tasked with the development of the Dains Group’s operating model and operational performance, working with its service lines and central teams to create greater, consistency, connectivity and capacity a

Partners Group Private Equity shareholders have voted to wind down the trust and realise their shares. At a meeting in September, more than 74% of shareholders chose to wind down the trust instead of backing a motion for a dual share class structure.

Saba Capital has sold its entire 5% stake in Baillie Gifford UK Growth. The New York headquartered hedge fund disclosed its position last March but did not increase its position until its exit last Wednesday. UK Growth delivered a 26.5% share price total return from when Saba disclosed its stake las

Listed recruitment company Connecting Excellence Group has acquired Glasgow-based specialist recruiter James Gray Recruitment and sister business James Gray Engineering in a deal that combines a Bitcoin treasury strategy with a deferred, earn-out-heavy structure and a new Bitcoin-backed credit line.

Eversheds Sutherland has hired Addleshaw Goddard veteran Andrew Fordham as a finance partner to strengthen its international banking and finance practice. The appointment will also boost its capabilities across key UK and global markets. Mr Fordham brings extensive experience advising lenders, priva

Private equity investment firm Triton Partners has agreed to sell energy transformation and critical infrastructure services platform OCU Group to TDR Capital. Terms of the transaction, which is subject to regulatory approvals and other closing conditions, have not been disclosed. Since acquiring OC