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Affinity contract renewal

3 Apr 2018 07:00

RNS Number : 5052J
Lighthouse Group PLC
03 April 2018
 

 

Press Release

3 April 2018

For immediate release

 

Lighthouse Group plc

("Lighthouse" or "the Group")

 

Affinity contract renewal

Lighthouse Group plc (AIM: LGT), the national financial adviser of choice for Middle Britain, is pleased to announce that it has agreed the renewal of its contract with Parliament Hill Limited ("Parliament Hill"), as the preferred provider of expert financial advice to its members, encompassing retirement planning, mortgages and investments, for a further two years from 1 March 2018.

Parliament Hill was established in 2004 and works with over 90 membership organisations managing members' benefits packages. Its clients include a number of major institutions and associations such as trades unions, colleges, clubs and societies. With a customer base representing in excess of 2.5 million members, Parliament Hill represents a significant contract renewal for Lighthouse.

This contract renewal underlines Lighthouse's already impressive list of affinity partnerships, which includes major employee organisations such as UNISON, Unite, Usdaw, BA Clubs and the University and College Union (UCU), highlighting Lighthouse's capacity to deliver financial planning solutions to a broad and substantial audience.

Andrew Holden, Director of Parliament Hill, commented: "We are very pleased to have secured this contract renewal with Lighthouse, which will enable us to continue to facilitate financial planning assistance for our members on a truly national basis. We look forward to continuing to build our relationship with Lighthouse and ensuring that our members are able to secure robust and consistent financial advice, catering for a wide range of financial planning requirements".

Malcolm Streatfield, Chief Executive Officer of Lighthouse, commented: "The Board is delighted that we have secured this contract renewal with Parliament Hill, which endorses further the high quality financial advice that Lighthouse provides to all participating members within our affinity partners and we look forward to further developing our relationship with Parliament Hill over the coming years. The Board remains committed to developing further our affinity partnerships throughout the UK".

For further information, please contact:

Lighthouse Group plc

Malcolm Streatfield, Chief Executive

Peter Smith, Finance Director

Tel: +44 (0) 20 7065 5640

investorenquiries@lighthousefs.uk

www.lighthousegroup.plc.uk

 finnCap Limited

 Tel: +44 (0) 20 7220 0500

(Nominated Adviser and Broker to the Company)

Adrian Hargrave

Emily Watts

Hannah Boros

 Media enquiries:

IFC Advisory Limited

Heather Armstrong

Graham Herring

Florence Chandler

Tel: +44 (0) 203 934 6630

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/

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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