Aberdeen Asset Management has bought German property investment firm DEGI for £79.2m.
The offer from AAM subsidiary Aberdeen Property Investors includes payment for the net assets of DEGI, which are expected to be approximately €23m (£16.6m) at completion. DEGI has approximately €6.4bn...
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.