NETHERLANDS - ABP has denied the departure of its head of real estate, Barden Gale was related to its latest deal with ING.
A spokesman for ABP told Global Pensions: "Barden's move of course is in no way related to the transaction in the Netherlands."
At the beginning of the week, ABP confirmed it would divest its KFN property portfolio, worth €1.6bn, to ING in the largest real estate deal ever to occur in The Netherlands.
Starwood Capital invests mainly in property and has offices in the US, Europe and Asia.
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.