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On 9 December 2019, the senior managers and certification regime (SMCR) will come into force for all Financial Conduct Authority (FCA)-regulated asset management firms, replacing the old approved persons regime. Sarah Leslie tells practitioners what they need to know. Final policy statement

The UK state pension age should be increased to 75 by 2035, an influential think tank linked to the Conservatives has said. The right-wing Centre for Social Justice (CSJ), set up by former Conservative leader and work and pensions secretary Iain Duncan Smith, said the UK is "not responding to the ne

Revised plans are in the pipeline for a new neighbourhood on the site of the former Royal Bank of Scotland offices in Edinburgh’s New Town. Real estate firm Orion Capital, the new owner of the building and the 5.9-acre site in Dundas Street, is working with property company Ediston on a planni

A tourist tax in the Highlands could raise up up to £10 million per year for the region, according to council officials. 

Resonance Capital founder Angela Higgins has been shortlisted as a finalist in the Business Woman of the Year category in the third Scottish Women's Awards 2019.  The Scottish Women's Awards 2019, now in their third year, recognise and celebrate Scottish female talent. They provi

Accountants from Johnston Carmichael have raised more than £9,000 for charities across Scotland after taking part in yesterday’s Kiltwalk in Dundee.

Blenheim Palace has installed a £1 million 18-carat gold toilet for visitors which is due to go on display in September.

Deloitte has been dragged into a long-running scandal after being reported to the Financial Reporting Council (FRC) by former client Elfed Thomas, co-founder of now-defunct telecoms company H20 Networks for failing to spot a £160m fraud at a collapsed telecoms firm. Thomas reported H20’s

It has been a depressing 24 hours for still 60 per cent state-owned Royal Bank of Scotland after it was again dead last in an official study ranking UK high street banks for customer service, and two key brokers lowered their forecasts for the lender’s prospects, sending its share price tumbli

The Scottish Government has reached an agreement with Deloitte, administrators of the Ferguson Marine shipyard in Port Glasgow, to take the facility into public control. The government said the agreement will enable completion of the two ferries being built there for Caledonian Maritime Assets

Following contested proceedings, the Upper Tribunal has found that Andrew Tinney, the former Chief Operating Officer (COO) of Barclays Wealth and Investment Management (Barclays Wealth), breached his obligation as an approved person to act with integrity. In March 2012, Mr Tinney received a document

Construction contractors who don’t prepare for major VAT changes could face a host of financial difficulties from cashflow problems to reduced profit. That is the warning from one of the UK’s top VAT experts, Nigel Roberts, Head of VAT and Duty at accountancy and business advis

Standard Life Aberdeen has confirmed via a stock exchange announcement the timings and other details for its share buyback plan. In this morning's announcement, the group, which houses platforms Wrap, Elevate and Parmenion, asset managers Aberdeen Standard Investments and Aberdeen Standard Capi

Homeowners seized on ultra-low interest rates to remortgage in June, but would-be buyers are holding back as political turmoil continues to cause uncertainty, latest data has shown. According to trade body UK Finance, a total of 16,880 remortgages were agreed in the month, up 8.3pc from the sam

Reports of investment fraud filed by savers in the UK have almost doubled in the first six months of 2019 to more than 8,000, official figures have revealed, putting them on course to all-time high by the end of the year. The data shows last year 9,398 scams were reported, according to National Frau