Wednesday Papers: Carillion held just £29m in cash when it collapsed
And Ferrero snaps up Nestlé’s US confectionery arm for $2.8 billion in cash making the Italian company third-largest sweets group in US market.
Overnight Markets: Dow pares 283-point gain to close lower
The S&P 500 traded above 2,800 for the first time earlier in the session.
From awful oil to terrible transfers: tune in to our Conference podcast
We catch up with Steve Buttercase and Anna Sofat at the New Model Adviser® conference in London to hear what they learned from the speakers, before we once again discuss the topic of the moment: DB transfer advice.
Conference 2018: all the pics from the first day!
All the pictures from the first day of last week's New Model Adviser® conference and awards. Keep your eyes peeled for the second day pictures coming soon.
Prudential drops Capita from £700m pension contract
Capita will lose its administration contract for M&G Prudential’s life and pension policies from 31 July.
IFAs rethink fossil fuels after '$22tn carbon bubble' warning
Advisers are looking at alternatives to fossil fuels for their investments after a 'thought-provoking' talk by futurist Ed Gillespie at the New Model Adviser® conference.
Capita and Provident falls hit Woodford and Barnett
Neil Woodford and Mark Barnett holdings Capita and Provident Financial fall on loss of contract and consumer credit problems.
PI insurers quiz IFAs over British Steel pension transfers
PI insures are asking for more information from IFAs about their DB transfer business with members of the troubled British Steel scheme, as the FCA launches its sector-wide review.
Advisers to pay as FSCS declares 'conflicts of interest' IFA in default
A Welsh advice firm, which was ordered to pay out for 12 complaints regarding pension transfers into a Ukrainian property fund, has been declared in default by the Financial Services Compensation Scheme (FSCS).
The fund managers hit by Carillion's collapse
Fund managers had been dumping Carillion's stock in their droves last year, but some were still hit by today's collapse.
We quiz Standard Life chief on 1825 and Elevate
In this final instalment of our exclusive interview, Standard Life chief executive Barry O'Dwyer answers Citywire's questions about the company's restricted advice arm 1825, and brands the Elevate platform deal a 'fantastic success'.
Partial DB transfers can work - I did one, says Standard Life boss
Standard Life’s chief executive Barry O’Dwyer has revealed he has already taken a partial transfer of his defined benefit pension, and thinks more schemes should offer this option to members.
Adviser Profile: Keith Churchouse of Chapters Financial
Keith Churchouse already has reason for Christmas cheer as Chapters Financial continues to grow at an impressive rate. He now wants his revamped robo-advice proposition to deliver the gift of advice to the masses