A potential acquisition of Cofunds by AJ Bell would "make commercial sense", according to leading platform commentators.
According to sources, AJ Bell has agreed a four-week exclusivity period as it bids to acquire Cofunds' retail arm from owner L&G. L&G paid £131m to take full ownership of the platform in 2013, buying...
'Following the letter, but not the spirit, of the rules'
Tech giant still stands out
Reduces chances of rate hike
Designed to park short-term cash