News

Aberdeen Asset Management has revealed that many trades submitted last week on its property fund have been withdrawn by investors following the application of new exit penalties. The firm also announced that it is to extend the temporary suspension on trading on its UK Property Fund and the Aberdeen

Sean McAuley Aberdeen-based accountants Anderson Anderson & Brown LLP have announced that Sean McAuley, who heads up the firm’s fraud prevention & investigation and independent whistleblowing service lines, has successfully achieved the globally preferred Certified Fraud Examiner (CFE) cre

The Primestaff Board: Carol Conlin, Danny McIntyre, Michael Docherty, Sean McPolin and Antonio Vezza. One of Scotland’s fastest growing recruitment companies has been acquired in a management buyout after experiencing its biggest year ever.

Hamilton-based Caledonia Financial Planning has been bought by adviser consolidator Succession for £2.5m. The acquisition marks Succession's 24th adviser buyout, bringing it towards the halfway mark of its growth strategy.

Paul Brown Paul Brown is a partner at Anderson Strathern

Sue Dawe EY’s Scotland practice has marked the start of their financial year with three partner promotions and a new Head of Financial Services.

Business optimism and output in Scotland have fallen to a three year low while hiring intentions are at a two year low, according to the latest Business Trends Report by accountants and business advisers BDO. The firm said that while some of this can be put down to the uncertainty surrounding the EU

Dear Editor, I was interested to read Jordan Stodart's piece on peer-to-peer lending.

Tim Wishart is a senior investment director at Psigma Investment Mangement

The Financial Conduct Authority (FCA) is seeking input on which areas should be considered as part of its upcoming review of the rules surrounding both investment-based and loan-based crowdfunding. In 2015 an estimated £2.7 billion was invested on regulated crowdfunding platforms, up from £500 mil

Fifteen Scottish-based accountants have been named among ICAS’s 35 Chartered Accountants (CAs) under 35 for 2016. The global body of finance professionals said the list, which includes entries spanning six continents, recognises “the best and brightest Chartered Accountants who are making a diff

The Coventry Building Society is set to introduce what could be the cheapest 10-year fixed rate mortgage deal on record as lenders anticipate a further cut in base interest rates next week. Economists think there is a 78 per cent chance that the Bank of England will cut base rates next Thursday and

Aberdeen Asset Management has extended the 24 hours suspension in trading on its £3.2 billion UK property fund initiated on Wednesday, saying it has now pushed back the deadline of the hiatus until midday on Monday. Aberdeen has introduced the suspension on Wednesday at the same time as imposing a

Declan Hourican Edinburgh-based Tesco Bank has announced the appointment of Declan Hourican as its new chief financial officer.

Roger Cotton, a partner at Brodies, writes about the effect Brexit might have on the way the spending of public money is regulated. One way in which EU law seeks to preserve open trade between Member States is by regulating the way in which public money is spent.