UK - Assets at the Falcon Property Trust, the fund managed by CB Hillier Parker Investors, have passed the £100m mark.
Falcon, which is open to schemes and charities, has been given an injection of £20m raised through issuing units to new and existing investors.
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.