Legal & General's decision to invite offers for Cofunds just two years after it bought the platform is fraught with a number of potential pitfalls, according to industry commentators.
The insurer is understood to be considering a sale of the platform and has appointed advisers to help find a buyer, 25 months after it paid £131m to buy out fellow shareholders in a deal valuing the business...
The US dollar is close to peaking and the risks now seem to be on the downside.
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