Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksLighthouse Regulatory News (LGT)

  • There is currently no data for LGT

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Affinity contract renewal

10 Feb 2017 07:00

RNS Number : 5782W
Lighthouse Group PLC
10 February 2017
 

 

Press Release

 

Lighthouse Group plc

("Lighthouse" or the "Group")

 

 Affinity contract renewal

Lighthouse Group plc (AIM: LGT), the national financial advisory group and preferred financial adviser to 19 affinity partners with a combined membership of more than 6 million individuals, is pleased to announce that it has agreed the renewal of its contract with The Union of Shop, Distributive and Allied Workers ("Usdaw"). Lighthouse will act as the preferred provider of financial advice to its members, supplying holistic financial reviews encompassing investments, retirement planning, mortgages and protection, for a further three years from 1 February 2017.

Usdaw was established in 1891 and is one of the largest trade unions in Britain, with over 434,000 members nationwide. Usdaw provides support and representation to workers across a wide variety of workplaces, including all major retailers, food manufacturing, pharmaceuticals, warehousing and distribution and home shopping, plus a range of other industries.

The renewal of this contract, which was originally secured in March 2013, underlines Lighthouse's impressive list of affinity partnerships, which includes major employee organisations such as UNISON, Unite, BA Clubs, Prospect, Boundless (formerly the Civil Service Motoring Association) and the Royal College of Nursing. This further highlights Lighthouse's capacity to deliver financial planning solutions to a diverse and substantial audience.

John Hannett, General Secretary of Usdaw, commented: "We are delighted to have secured this contract renewal with Lighthouse, which will enable us to continue to facilitate financial planning assistance for our members. 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 build our relationship with Lighthouse and ensuring that our members are able to secure good service and consistent financial advice".

Malcolm Streatfield, Chief Executive Officer of Lighthouse commented: "The Board is delighted that we have secured this contract renewal with Usdaw, which further endorses the quality of service and financial planning assistance which Lighthouse Financial Advice makes available to all participating members in our affinity groups. We look forward to further developing our relationship with Usdaw over the coming years. The Board remains committed to increasing our affinity partnerships throughout the UK".

- Ends -

 

For further information, please contact:

Lighthouse Group plc

Malcolm Streatfield - Chief Executive

Tel: +44 (0) 20 7065 5640

 

www.lighthousegroup.plc.uk

investorenquiries@lighthousefs.help

 

Media enquiries:

IFC Advisory Limited

Graham Herring/Tim Metcalfe/Heather Armstrong

Tel: +44 (0) 20 3053 8671

heather.armstrong@investor-focus.co.uk

www.investor-focus.co.uk

 

 

finnCap Limited

(Nominated Adviser and Broker to the Company)

Tel: + 44 (0) 20 7220 0500

Adrian Hargrave / Emily Watts

 

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. These comprise:

· Luceo Asset Management, launched in September 2016 to provide a range of investment solutions to retail investors. The initial three solutions comprise multi-manager, fund of fund, investment portfolios matching to customers' agreed risk profiles, with Octopus Investments Limited as the initial Investment Adviser and the newly established Lighthouse Zurich Platform, in partnership with Zurich; and

· The Lighthouse Pensions and Life Trusts, unbundled multi-employer Master Trust products that provide cost-effective and one-stop shop solutions for small- and medium- sized enterprises ("SMEs"), to meet their obligations to establish auto-enrolment compliant pension schemes for their employees by 31 March 2018. (up to 1 million SMEs have to do so) and provide death-in-service life assurance cover for all of their employees aged between 16 and 65, for the same cost per benefit, at very competitive rates, regardless of age, gender, location or pre-existing medical conditions.

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
 
END
 
 
NRAGLGDDGSBBGRG
Date   Source Headline
16th Mar 20112:30 pmRNSNotice of Preliminary Results
15th Oct 201012:00 pmRNSNew National IFA Brand
20th Sep 20107:00 amRNSInterim Results
7th Sep 20107:00 amRNSNotice of Results
10th Aug 20107:00 amRNSSale of Pensions Administration business
10th Aug 20107:00 amRNSAcquisition of City Trustees
26th Jul 20107:00 amRNSAppointment of Roger Sanders OBE
19th Jul 20107:00 amRNSLighthouse signs agreement with UNISON
5th Jul 201010:48 amRNSDirectors Dealing
25th May 20101:03 pmRNSResult of AGM
7th May 20107:00 amRNSPosting of Annual Report
21st Apr 20103:45 pmRNSLighthouse wins 2010 'Large IFA of the Year'
22nd Mar 20107:00 amRNSPreliminary Results
15th Mar 20107:00 amRNSNotice of Preliminary Results
3rd Mar 20107:00 amRNSLighthouseTemple appointment by the Royal Mint
25th Feb 20107:00 amRNSSecond Interim Dividend Payment
9th Dec 20099:25 amRNSDirectors' Interests
9th Nov 200912:32 pmRNSAppointment of Director
21st Sep 20097:00 amRNSInterim Results
3rd Sep 20097:00 amRNSNotice of Interim Results
9th Jul 20093:31 pmRNSIssue & Cancellation of Bonus Shares - replacement
9th Jul 20097:00 amRNSIssue & Cancellation of Bonues Shares
26th Jun 200910:35 amRNSCancellation of Share Premium Account
3rd Jun 200910:45 amRNSResult of AGM
5th May 200912:35 pmRNSLapse of Potential Transaction
6th Apr 20097:00 amRNSPreliminary Results
31st Mar 20097:00 amRNSNotice of Preliminary Results
10th Feb 20097:00 amRNSAppointment to Financial Services Practioner Panel
23rd Jan 200911:56 amRNSBoard Change
13th Jan 20097:00 amRNSAcquisition of trade and assets of Godfrey Pearson
22nd Dec 20087:00 amRNSDirector/PDMR Shareholding
27th Nov 200812:00 pmRNSFSA Retail Distribution Review
18th Nov 20083:00 pmRNSDirector/PDMR Shareholding
22nd Oct 20087:00 amRNSNew funds join LighthouseCapital Programme
21st Oct 200811:00 amRNSDirector/PDMR Shareholding
22nd Sep 20087:00 amRNSInterim Results
5th Sep 20087:00 amRNSNotice of Interim Results
14th Aug 20087:00 amRNSNew Funds Join LighthouseCapi
12th Aug 20087:00 amRNSDirectorate Change
18th Jul 20083:30 pmRNSDirector/PDMR Shareholding
16th Jul 20089:50 amRNSDirector/PDMR Shareholding
30th Jun 20082:05 pmRNSHolding(s) in Company
19th Jun 20087:00 amRNSHolding(s) in Company
18th Jun 20089:08 amRNSIssue of Equity
18th Jun 20089:05 amRNSHolding(s) in Company
16th Jun 20087:00 amRNSAppointment of Non-Executive
3rd Jun 20087:00 amRNSAppointment of Adviser
29th May 20087:00 amRNSHolding(s) in Company
19th May 20081:48 pmRNSIssue of Equity
16th May 20087:00 amRNSDirectors' Share Options

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.