Lighthouse Group PLC Renewal of affinity contract
July 03 2018 - 2:00AM
RNS Non-Regulatory
TIDMLGT
Lighthouse Group PLC
03 July 2018
3 July 2018
Lighthouse Group plc
("Lighthouse" or "the Group")
Renewal of affinity contract
Lighthouse Group plc (AIM: LGT), the national financial adviser
of choice for Middle Britain, is pleased to announce that it has
won a competitive tender exercise to agree the renewal of its
contract with Prospect, as the preferred provider of expert
financial advice to its members, encompassing retirement planning,
mortgages and investments, for a further three years from 1(st)
June 2018.
Prospect's 142,000 members are engineers, scientists, managers
and specialists in areas as diverse as agriculture, broadcasting,
defence, education and children's services, energy, environment,
heritage, shipbuilding, telecoms and transport. The diversity of
Prospect's membership continues to grow and now also includes BECTU
as a sector. BECTU is the UK's media and entertainment trade union,
representing staff, contract and freelance workers who are based
primarily in the United Kingdom and encompasses circa 40,000
individuals.
This contract renewal underlines Lighthouse's already impressive
list of affinity partnerships, which includes major employee
organisations such as UNISON, BA Clubs, Fostertalk and the Royal
College of Nursing (RCN), further highlighting Lighthouse's
capacity to deliver financial planning solutions to a diverse and
substantial audience.
Mike Clancy, General Secretary of Prospect commented: "We are
very pleased to have secured this contract renewal with Lighthouse,
which will enable us to continue to ensure that our members are
able to access financial planning assistance from a reliable and
well reputed organisation, able to cater for a broad range of
financial planning requirements. Given the truly national basis of
our membership, it is important to us to continue to partner with
an organisation which is clearly capable of supporting our members
no matter where they may reside and no matter what their
background. We look forward to continuing to develop our
relationship with Lighthouse and ensuring that our members are able
to secure quality service and consistent financial advice".
Malcolm Streatfield, Chief Executive Officer of Lighthouse
commented: "The Board is very pleased that we have secured this
contract renewal with Prospect, which serves to endorse further the
quality of service and financial planning support which Lighthouse
Financial Advice provides for all participating members in our
affinity relationships. We very much look forward to further
progressing our relationship with Prospect over the years ahead.
The Board remains committed to developing further our affinity
partnerships throughout the UK".
For further information, please contact:
Lighthouse Group plc
Malcolm Streatfield - Tel: +44 (0) 20 7065
Chief Executive 5640
Peter Smith - Group Finance
Director
investorenquiries@lighthousegroup.plc.uk www.lighthousegroup.plc.uk
finnCap Limited
(Nominated Adviser and Tel: + 44 (0) 20 7220
Broker to the Company) 0500
Adrian Hargrave / Emily
Watts/ Hannah Boros
Media enquiries:
IFC Advisory Limited
Graham Herring / Heather Tel: +44 (0) 20 3934
Armstrong / 6630
Florence Chandler
heather.armstrong@investor-focus.co.uk www.investor-focus.co.uk
About Lighthouse Group plc
Lighthouse has been listed on AIM since 2000 as an integrated
financial services company for investors, coupled with significant
scale in terms of distribution through financial advisers and
wealth managers and its fully diversified business model.
As one of the UK's largest autonomous financial advice and
wealth management groups, Lighthouse provides a comprehensive range
of services to businesses and individuals and is retained by most
of the major trades unions and other affinity groups to advise
their combined memberships of over 6 million members.
The Group aims to increase its relationships with, and the
benefits it derives from, its relationships with affinity groups
and professional partners.
In addition to a wide range of financial advice, the Group has
developed innovative products to meet the specific needs of its
retail and corporate customers in the asset management and
auto-enrolment sectors.
Lighthouse operates from its headquarters in London as well as
having principal operating offices in Stockport and Woodingdean,
near Brighton.
For more information please visit:
http://www.lighthousegroup.plc.uk/
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END
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