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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

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Aberdeenshire-based BrewDog has raised over £10 million through its Equity for Punks IV scheme, breaking a world record for the highest amount raised through equity crowdfunding. The highest amount previously raised through equity crowdfunding was $6 million, according to MarketWatch.

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Toby Strauss Toby Strauss, the chief executive of Edinburgh-based pensions and life insurance giant Scottish Widows is to step down after four years in the post.

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Catriona Munro New rules comes into force today making it easier for victims of anti-competitive behaviour, such as price fixing or market sharing, to get redress.

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Ernst & Young has handed out average pay of £700,000 to 696 UK partners after the British side of the EY business increased its annual revenues by 8 per cent to more than £2 billion in the 12 months to 3 July. Profits available for distribution among the senior staff in London and across the U

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The number of complaints about current accounts shot up by nearly one third in the first half of 2015, according to latest figures released by the Financial Conduct Authority. The data also shows that pensions-related complaints jumped by around one fifth as the new retirement freedoms were brought

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The Board of Dundee-based wealth manager Alliance Trust has today written to shareholders to outline significant changes to the business that it believes will "enhance shareholder value" after months of poor performance and agitation by activist shareholders. In its statement, the trust says it is t

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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

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Stuart Lunn Scottish alternative funding firm LendingCrowd has stated that is keen to work with the Scottish Government in helping small high-growth businesses through Holyrood's plans to establish a Scottish Business Development Bank.

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New research from PwC has revealed that someone starting work today aged 22 will need to save a total of 15 per cent of their annual salary towards their pension in order to reach their desired retirement income. If they don’t increase their current contribution levels, they could end up with a £

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