UK - Gullwing Asset Management has launched a seven-year property fund aimed at SIPPs and SSASs.
Gullwing No 1 will be built around 25-year indexed leases in UK retail and leisure commercial properties.
The fund closes to investment in December and aims for a projected net total return of 8.9% per annum.
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.