Legal & General (LSE:LGEN) slips today: are trimmed rate bets reshaping UK insurer income?

Legal & General (LSE:LGEN) slips today: are trimmed rate bets reshaping UK insurer income? →

Highlights Legal & General traded softer as UK financials came under pressure following the inflation release. Trimmed Bank of England rate expectations reshaped the outlook for rate-sensitive earnings streams. Bulk annuity demand and asset…