View more on these topics

SFE board reshuffle

The first woman director of Scottish Financial Enterprise has been appointed as a director of Edinburgh Investment Trust and the Royal Bank of Scotland.


Eileen Mackay was previously a senior civil servant and a principal finance officer of the Scottish Office from 1992 to 1996. She also worked at the Treasury and the Cabinet Office.


SFE chairman Mike Ross says: “Eileen&#39s skill-set will be immensely useful to SFE.”

Recommended

&#39Stupid&#39 error forces Northern Rock compensation

Thousands of Northern Rock members affected by a “stupid manual error” are to receive compensation.Around 200,000 borrowers had their mortgage payments debited a week early at a cost of about 25p per account.The affected will receive this amount plus any bank charges incurred as a result of being unexpectedly overdrawn.Northern Rock PR manager Ron Stout […]

CGU throws weight behind RBS bid

CGU is lending further weight to Royal Bank of Scotland&#39s takeover bid for National Westminster Bank in its £20m buy-out of RBS shares.The purchase is the first since CGU&#39s November announcement it would pay £150m for a 50 per cent stake in Royal Scottish Assurance, the bank&#39s life subsidiary.CGU are buying 1.85m RBS shares at […]

Employers &#39blissfully unaware&#39 of stakeholder

UK employers are “blissfully unaware” of their stakeholder obligations, according to a survey by Scottish Equitable.Findings from 1,500 IFAs show 63 per cent believe employers are ignorant of their duties under the government&#39s upcoming stakeholder pension scheme.Industry experts are saying now is a good time to talk to employers and give them guidance.Scottish Equitable pensions […]

IFA networks battle it out with &#39bully-boy&#39 PSA

IFA networks are facing a legal fight with the Professional Sales Association over claims they are using “bully-boy” tactics used to exploit members.The PSA, a section of Manufacturing Science and Finance Union, the UK&#39s fifth largest with more than 400,000 members, is considering a legal action against IFA networks in a bid to stamp out […]

Johnson Fleming is a finalist at UK Pensions Awards 2016

The UK Pensions Awards shine the light on excellence and recognise the advisers, providers and investment managers that offer the highest level of innovation, performance and service to occupational pension schemes and their members. This year’s awards looked at advisers and providers across 31 different categories and were rigorously judged by a panel of senior […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment