News

The Society of Pension Professionals (SPP) has warned that millions of self-employed people are being left without a route into pensions. A new paper by the SPP, titled The Missing Millions: Rethinking Pension Policy for the Self-Employed, calls for a fundamental rethink of how the UK helps people w

Freeths has appointed Heather Gibson as a partner in its tax team to strengthen the firm's capabilities in corporate, private equity and real estate taxation. She joins the firm from Addleshaw Goddard, brining nearly 20 years' experience advising clients on the tax aspects of corporate transactions,

Baillie Gifford has concluded its voluntary exit programme, which will see around 160 jobs cut across its UK business. The move was part of a plan to position itself for the future. The asset manager launched the voluntary exit programme in July, following its move to its new Edinburgh office in Hay

Pepper Money has launched in Scotland, describing its role as rehabilitating borrowers who fail high street credit scoring so they can move back to mainstream lenders. The specialist lender opened for business to brokers on Monday at an event at The Exchange in Glasgow, the first of three Scottish s

Private equity firms Warburg Pincus and Clayton Dubliner & Rice (CD&R) are in advanced talks to buy Canaccord Wealth. The firms are discussing a joint takeover of Canaccord Genuity's British Wealth arm and have emerged as the leading bidder as part of an auction process launched by the group

Schroders and Nuveen have confirmed that all antitrust and regulatory conditions attached to the £9.9bn takeover have been waived or satisfied, clearing the way for the deal to complete by the end of September. In a statement, Nuveen has received regulatory approval to acquire Schroders, with

Baillie Gifford's Pacific Horizon Investment Trust  has exceeded the MSCI All Country Asia ex Japan Index benchmark with a share price total return of 63.3% for the year to July 31,2026. The trust which  manages assets of £955.56m reported a net asset value (NAV) per share total retu

Nigel Green has claimed that the UK could be “Truss’d” in a stark warning as gilt yields surge, drawing comparisons with the market turmoil that followed Liz Truss’s mini-budget in 2022. The chief executive of deVere Group, one of the world’s largest independent financi

Insurance broking and risk management firm Caledonia Dallas has hired Rhona Scott from NFU Mutual. Scott joins the firm following nearly 15 years at NFU Mutual's Elgin agency, where she held the position of office manager and developed extensive experience across administration, compliance, customer

Finance Innovation Now (FIN) has appointed Dr Ana Rojo-Echeburúa as Head of AI & Finance Transformation. The Edinburgh headquartered, AI, innovation and transformation business launched in 2025 by iMultiply hired Dr Rojo-Echeburúa following 18-months of growth.

The Association of Investment Companies (AIC) has called on shareholders to express their views on the future of Baillie Gifford US Growth Trust. Chief executive Richard Stone, pointed out that the trust returned 134% over the last years, and gave investors the opportunity to hold shares in listed a

Chancellor John Healey faces a £3.5bn borrowing overshoot in August ahead of his inaugural Budget. The government was expected to borrow around £14.8bn in August, according to the OBR, while the market consensus was around £15.6bn. Actual borrowing reached £18.3bn.

City bosses have called on ministers to simplify Britain's "byzantine" tax system, as it raised concerns over a potential tax grab on financial services. Fear is growing within the private sector that Chancellor John Healey is planning to use his inaugural Budget next month to launch another raid.

Almost half (47%) of Scottish adults who do not own their own home believe they will never be able to, according to a new report from specialist lender Pepper Money. The findings highlight the barriers facing aspiring homeowners in Scotland, particularly those who are self-employed, have variable in

Aberdeen Investments has appointed Caroline Hertrich as head of UK & EMEA  (Europe, Middle East and Africa) Exchange Traded Funds (ETF) strategy, to support the growth of the firm’s ETF franchise across the UK and EMEA. Hertrich joins from Bloomberg, where she served as Index Sales Le