Investment

LV= Asset Management said it expects to see some staff redundancies as it finalises its deal to outsource the management of its funds to Threadneedle.

The Pensions Regulator has contacted tens of thousands of independent financial advisers and accountants as part of its auto-enrolment education drive.

FTSE100 firms with pension schemes heavily exposed to equities dropped 26% in value this month, pushing the combined index deficit up £30bn in just ten days.

UK - The £240bn ($390bn) liability-driven investment market is developing into an "oligopoly" with just three providers managing more than 80% of assets, research finds.

eShare has joined forces with consultant LCP to help deliver and implement its pensions governance software.

EUROPE - France, Italy, Spain and Belgium have temporarily banned short-selling of financial stocks in response to sharp share price falls across Europe.

Many defined contribution pension pots are this week worth no more than the cash contributions paid into them over the last five years, PwC analysis finds.

Emma Watkins of MetLife Assurance Limited explains what auto-enrolment means for employers, and how they need to prepare to ensure they and their staff are ready.

Lord McFall has called for an industry code of practice to establish a normal 0.5% for defined contribution management fees.

Xafinity has binned its in-house trustee firm HR Trustees and appointed Bridge Trustees for its master trust after The Pensions Regulator highlighted industry-wide conflict of interest concerns.