The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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

Lighthouse Wins New Affinity Contract

26 Oct 2016 07:00

RNS Number : 4464N
Lighthouse Group PLC
26 October 2016
 

 

Press Release

26 October 2016

 

Lighthouse Group plc

("Lighthouse" or "the Group")

 

Lighthouse wins new affinity contract

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 a new contract with Fire Brigades Union (FBU) to be the preferred provider of expert financial advice to its members.

The contract will run for three years and under the terms, Lighthouse will be the preferred provider of financial advice to FBU members, encompassing advice on savings, investments, pensions and protection, plus mortgages. Founded in 1918, FBU represents a membership of 36,000 fire service professionals, as well as 7,000 retired members.

This new contract highlights Lighthouse's capacity to deliver financial planning solutions to a diverse and substantial audience.

Dave Green, National Officer of Fire Brigades Union, commented: "We are pleased to have finalised this contract with Lighthouse. The new arrangements will enable our members to access invaluable financial planning assistance. Many find themselves in complex financial circumstances, and they will now be able to maximise opportunities they may not have known existed to secure their and their families' futures."

Malcolm Streatfield, Chief Executive Officer of Lighthouse, commented: "The Board is delighted that we have secured this partnership with the Fire Brigades Union, a new and exciting engagement for us. We look forward to developing our relationship over the coming years and working closely with FBU members, who themselves are dedicated to helping others, and to assisting them with their financial planning requirements. 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

+44 (0) 7971 050500

malcolm.streatfield@lighthousegroup.plc.uk

www.lighthousegroup.plc.uk

 

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

Matt Goode / Emily Watts

 

About Lighthouse Group plc

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 5 million members.

Lighthouse has been listed on AIM (LGT) since 2000 and presents 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.

The Group aims to increase its relationships with and the benefits it derives from, its relationships with affinity groups and professional partners.

In 2014 Lighthouse announced the launch of its Lighthouse Pensions Trust ("LPT"), an unbundled multi-employer Master Trust product that provides a cost-effective and one-stop shop service to enable small- and medium- sized enterprises ("SMEs"), under the Group's Lighthouse Workplace Solutions ("LWS") branded service. Some 1.8 million SMEs are required to establish auto-enrolment compliant pension schemes for their employees between July 2015 and March 2018. LPT utilises target date funds managed by Alliance Bernstein, which manages $489 Billion of funds world-wide and is 63 per cent. owned by AXA, with Bridge Trustees Limited, a subsidiary of Eversheds LLP, acting as one of three corporate trustees and providing the Chair of the Trustee Board.

In 2015 the Group announced an extension of its LWS offering with the launch of the Lighthouse Life Trust, again an unbundled multi-employer occupational Master Trust product that enables those businesses that have agreed to adopt LPT to meet their auto-enrolment obligations to 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. The scheme is underwritten by Zurich Assurance Limited with Bridge Trustees Limited as corporate trustee.

On 16 September 2016 the Group announced the launch of its Luceo Asset Management business, providing 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.

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
 
 
NRAMMMZGRKFGVZM
Date   Source Headline
17th Sep 20147:00 amRNSNotice of Interim Results
1st Sep 20147:00 amRNSLighthouse extends contract with CSMA Club
30th May 20144:49 pmRNSDirector/PDMR Shareholding
14th May 201412:12 pmRNSResult of AGM
24th Apr 20149:58 amRNSDirector/PDMR Shareholding
3rd Apr 201411:12 amRNSTR-1 Notification of Major Interest in Shares
25th Mar 20147:00 amRNSPreliminary Results
20th Mar 20147:00 amRNSAffinity Renewal and Contract Win
12th Feb 20147:00 amRNSBoard Appointment
30th Jan 20147:00 amRNSPensions Master Trust Launch for Auto-Enrollment
20th Dec 20137:01 amRNSBoard Change
20th Dec 20137:00 amRNSSale of interest in subsidiary company
12th Nov 201310:11 amRNSHolding(s) in Company
4th Nov 20137:00 amRNSPurchase of premises and proposed re-organisation
25th Sep 20137:00 amRNSInterim Results
5th Sep 20135:00 pmRNSProposed re-organisation of operating facilities
24th Jun 201312:44 pmRNSHolding(s) in Company
24th Jun 20137:00 amRNSLighthouse Group commended for its online services
13th Jun 20134:59 pmRNSHolding(s) in Company
7th Jun 20132:08 pmRNSHolding(s) in Company
8th May 201312:10 pmRNSResult of AGM
22nd Mar 201310:47 amRNSHolding(s) in Company
20th Mar 20137:01 amRNSPreliminary Results
20th Mar 20137:00 amRNSLighthouse wins contract with USDAW
19th Mar 20137:00 amRNSAppointment of Non-Executive Director
21st Feb 20134:36 pmRNSHolding(s) in Company
10th Jan 201311:11 amRNSDirector's Dealing
9th Jan 201312:10 pmRNSLighthouse Group Appoints Managing Director
19th Nov 20127:00 amRNSLighthouse Group appoints Head of Training
25th Sep 20123:35 pmRNSHolding(s) in Company
24th Sep 20127:00 amRNSInterim Results
17th Sep 201212:04 pmRNSHolding(s) in Company
10th Sep 20127:00 amRNSContract with Bakers Food and Allied Workers Union
6th Sep 20127:00 amRNSAgreement with the Royal College of Nursing
3rd Sep 201212:45 pmRNSWithdrawal of Requisition
30th Aug 20127:00 amRNSDirectorate Change
15th Aug 20123:00 pmRNSRequisition to Convene a General Meeting
31st Jul 201210:30 amRNSResult of General Meeting
24th Jul 20127:00 amRNSRe. Proposed Cancellation of Trading on AIM
9th Jul 20127:00 amRNSProposed Cancellation of Trading on AIM
14th Jun 20127:00 amRNSLighthouse agreement with British Airways Clubs
2nd May 201210:20 amRNSResult of AGM
26th Apr 20127:00 amRNSLighthouse Group wins Large IFA of the Year award
12th Mar 20127:00 amRNSPreliminary Results
7th Oct 20117:00 amRNSDirector/PDMR Shareholding
4th Oct 20117:00 amRNSRetirement of Director
26th Sep 20117:00 amRNSInterim Results
20th Sep 20117:00 amRNSNotice of Interim Results
1st Jun 20114:20 pmRNSResult of AGM
23rd Mar 20117:00 amRNSPreliminary Results

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.