Aegon seals £140m deal for Legal & General's Cofunds platform
Deal will see British insurer Legal & General incur a £65m loss on the disposal.
FTSE Moves: The London market rises on the back of strong earnings from financial stocks
Robust trading at Standard Life and Worldpay push top flight shares near a 14-month high.
Market round-up: FTSE drops ahead of George Osborne's Budget as RBS jumps
Businesses are holding their breath, anticipating possible tax increases introduced by the Chancellor.
Legal & General: Insurer hikes profit and dividend but shares plunge on capital position
Profits jumped by 14% to £.145bn and the company hiked dividends by a fifth.
Legal & General to battle with Rothesay Life for Aegon's £9bn annuity book
Aegon is keen to close the deal before sweeping new capital rules known as Solvency II comes in next month.
Edmund Shing: Crisis spells opportunities in Legal & General dividends
Despite FTSE fears and Chinese slowdown there are plenty of reasons to buy UK shares today.