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Aviva eyes Tenet stake sale

Aviva is considering selling its stake in advice network Tenet, Money Marketing understands. Following Aviva’s merger with Friends Life, the life office will become the largest shareholder in Tenet, owning 47 per cent of the firm. Standard Life owns 25 per cent of the network, while Aegon owns 22 per cent and the remainder is […]

Greg Hands replaces Danny Alexander as Treasury chief secretary

Conservative party whip Greg Hands has been named as chief secretary to the Treasury, replacing Liberal Democrat Danny Alexander. Hands has served in the Tory whip office since 2011, but was handed his new role as part of today’s Cabinet reshuffle. As chief secretary, Hands will be the second most senior MP in the Treasury, […]

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