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Tag: Scottish financial services

Nish hands over reins

Standard Life has ‘no plans’ to replace Skeoch at SLI

Keith Skeoch
Keith Skeoch, who takes over as chief executive of Standard Life tomorrow, will not be replaced at the asset management division "for the forseeable future".

Regulatory approval receivec

Private bank Hampden opens for business

Ray Entwistle
Private bank Hampden & Co, set up by Ray Entwistle, a former chairman of Adam & Company, has opened for business after securing final regulatory approval. It is the first privateRead More

Bumper growth for adviser wrap platform

Ferguson calls for pensions stability following recent change

David Ferguson
David Ferguson, head of advisory firm Nucleus, is hoping that the pensions industry will enter a period of stability following the recent changes that ushered in greater freedoms. Mr FergusonRead More

Search begins for successor

Kelly to leave as chief executive of Scottish Financial Enterprise

Owen Kelly
Scottish Financial Enterprise chief executive Owen Kelly is to leave the post, prompting an immediate search for a successor. Mr Kelly has held the role at the group since January 2008Read More

Firm says comments did not reflect his views

Aegon MD moves to US a year after advisory row

Aegon UK managing director David Macmillan is taking a job in the firm’s US business less than a year after he was embroiled in a row with the advisory sector. Macmillan, whoRead More

Bank says it is on target to hit goals

RBS runs up first quarter loss and sets aside £856m for fines

Royal Bank of Scotland has reported a loss f £446 million in the first quarter and set aside a further £856m to meet the cost of penalties and fines overRead More

CEO says firm answers critics

Nucleus benefits from pensions and investment reforms

David Ferguson
Nucleus, the adviser-built wrap, says this month’s pension reforms, together with changes to the commission-led advisory system, have contributed to a 12% rise in new business. The Edinburgh-based institution, foundedRead More

Hemphill becomes CEO at Old Mutual

Old Mutual has appointed Bruce Hemphill as group chief executive, replacing Julian Roberts. He joins from Standard Bank Group where he is chief executive of wealth insurance and non-bank financial services.Read More

Cullinan leaves after month in new role

RBS parts with executive who sorted out the ‘bad bank’

Rory Cullinan
Royal Bank of Scotland has announced that one of its top executives, Rory Cullinan, is leaving after just a month in his current role. The executive chairman of its corporateRead More

Callander Colgan in tie-up

Scott-Moncrieff expands north in merger with Highlands firm

Mid-tier accountancy and business advisory firm, Scott-Moncrieff, the oldest in Scotland, is merging with Inverness-based Callander Colgan, giving the firm an increased presence in the Highlands. The merger will take effect fromRead More