News

Uinsure has claimed to have launched the UK's first home insurance monitoring service, which allows customers to compare their current policy against live quotes. Customers will be able to compare their policy against Uinsure's panel of seven UK insurers several times a year, instead of just at rene

Aon and accountancy and business advisory firm Saffery have brought in 20 graduates and trainees between them across Scotland as part of an investment in early careers. The global professional services firm recruited four graduates to its Scottish offices as part of its Early Careers programme.

Baillie Gifford has partnered with Essentia Analytics to develop, a new offering called Essentia Data-Out (EDO), which will deliver Essentia's "behavioral intelligence directly into an asset manager’s own data and AI environment.” The investment manager is a founding partner in Essentia'

Scotland's financial services sector has hit a "tipping point" on tax divergence, according to Sandy Begbie, chief executive of Scottish Financial Enterprise stating hybrid working has removed the practical need for new recruits to live in Scotland at all. "We believe we've now got to a point at a t

  Parents have squirreled away £2.5bn into junior ISA, with almost two-thirds £1.55bn of new money now being invested into stocks and shares in 2024/25, despite £1.9bn of child trust funds going unclaimed, according to new HMRC data.

Four ICAS Foundation students are set to return to Johnston Carmichael as graduate trainees. The foundation was set-up to help talented young people from diverse socio-economic backgrounds into the profession, as part of its scheme it partnered with the accountancy firm.

Shareholders in abrdn Property Income Trust are still waiting for the company to sell its 3.6-acre estate in the Cairngorms, Far Ralia, to finally wind down the company. Aberdeen Investments acquired the estate in 2021 for £7.5m to offset its corporate investment fund's residual carbon emissio

A financial planner has claimed the profession is struggling to attract younger earners and people who earn a lot but are not yet rich. Sam Patterson, head of proposition at Equilibrium Financial Planning, discussed the challenge the profession faces in attracting HENRYs, high earners, not rich yet,

Triodos Bank UK has appointed Greig Blackie as a senior relationship manager to focus on financing nature based solutions in its business lending team. Mr Blackie has more than a decade of experience across infrastructure finance, sustainable investment and natural capital. His career has included f

Brooks Macdonald has made three new appointments to strengthen its team in Glasgow and Edinburgh.  Ross MacNish joined the Brooks Financial team in Edinburgh as principal financial planning director on 14th September. 

The Bank of England has kept interest rates on hold, warning that a continuation of the current conflict in the Middle East could force it to raise borrowing costs amid growing fears over inflation. The Bank's Monetary Policy Committee (MPC) also announced a surprise plan to sell billions of pounds

The chair of Baillie Gifford US Growth Trust has called on retail investors to turn out in force to vote at next month's annual general meeting, warning that a low turnout could see Saba Capital Management take control of the trust. Tom Burnet told Scottish Financial News that retail investors are t

Natwest chair Rick Haythornthwaite has claimed the UK is in a "moment of national crisis" that can only be fixed by encouraging investment into the country's struggling economy. The City grandee said that years of poor decision-making and political instability have hampered public and private sector

Baillie Gifford US Growth Trust's board has warned shareholders that voting in Saba's nominees would spell the end for its current US growth strategy, as the two sides head towards a showdown at October's AGM. Chair Tom Burnet accused Saba of seeking to take control of the popular US Growth Trust, p

Financial planners have the knowledge to help clients understand their goals and protect their interests. “Rightly or wrongly,” most clients are high-net-worth individuals who are retired and have more time to think about what they want to save or how to use their assets.