The government has announced further details of its review of trading funds.
The Department for Business Enterprise and Regulatory Reform (BERR) will examine the effect on the trading funds’ business models of any changes to the current pricing, accessing and licensing regimes.
It hopes to asses the future of the trading fund model and distinguish "more clearly what information is required by government for public policy".
"The policy objectives of each of the trading funds will not form part of the assessment," BERR stated, "but the review will consider the future of the trading fund model and how it impacts on the delivery of these objectives".
Commercial property trading funds have struggled to pay their investors after falling property prices reduced their cash reserves.
Scottish Equitable closed its property fund in January. It blamed "worldwide phenomena relating to concerns over the US sub-prime mortgage market fallout, rising interest rates and talk of recession".