Less Ads, More Data, More Tools Register for FREE

Pin to quick picksLighthouse Regulatory News (LGT)

  • There is currently no data for LGT

New affinity contract

9 Oct 2018 07:00

RNS Number : 3502D
Lighthouse Group PLC
09 October 2018
 

 

9 October 2018

 

Lighthouse Group plc

("Lighthouse" or the "Group")

 

New affinity contract

Lighthouse Group plc (AIM: LGT), the national financial advisory group, is delighted to announce that it has won a new agreement with The National Education Union (NEU), as the preferred provider of expert financial advice to its members, encompassing retirement planning and investments, for three years from 1 September 2018.

National Education Union (NEU) was formed on 1 September 2017 by the amalgamation of the Association of Teachers and Lecturers (ATL) and the National Union of Teachers (NUT). Whilst Lighthouse was the preferred supplier of financial advice to 126,000 members of the ATL, it did not previously act for 336,000 members of the NUT. The NEU is the largest education union in the UK and the fourth largest trade union in the TUC, with in excess of 450,000 members, bringing together teachers, lecturers, support staff and leading workers in maintained and independent schools and colleges across the UK.

This contract win establishes the Group as the dominant provider of expert financial advice to those who work in the education sector, from primary to further education, as the preferred supplier of financial advice to members of the NEU, the Association of School and College Leaders and the University and College Union whose aggregate membership is just under 600,000.

This adds to Lighthouse's already strong position within the healthcare sector, through its partnerships with Unison, the Royal College of Nursing, the Royal College of Midwives, FosterTalk and the Social Workers Union and with other major employee organisations such as BA Clubs, Prospect and the Public and Commercial Services Union, and highlights further Lighthouse's capacity to deliver financial planning solutions to a diverse and substantial audience.

Siân Bassett, Assistant General Secretary of The National Education Union (NEU) commented: "We are delighted to have secured this contract with Lighthouse, which will help us to ensure that all of our members are able to access financial planning assistance from a trusted and well reputed organisation. We look forward to working with Lighthouse over the years ahead and progressing our relationship, which will give our members the opportunity to make the most of this membership benefit".

Malcolm Streatfield, Chief Executive Officer of Lighthouse commented: "The Board is very pleased that we have secured this new contract with The National Education Union, which underlines 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 NEU over the years ahead. The Board remains committed to developing further our affinity partnerships throughout the UK."

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014

 

For further information, please contact:

Lighthouse Group plc

Malcolm Streatfield - Chief Executive

Peter Smith - Group Finance Director

Tel: +44 (0) 20 7065 5640

investorenquiries@lighthousegroup.plc.uk

www.lighthousegroup.plc.uk

 

finnCap Limited

(Nominated Adviser and Broker to the Company)

Tel: + 44 (0) 20 7220 0500

Corporate

Julian Blunt /Emily Watts/Hannah Boros

ECM

Alice Lane

 

Media enquiries:

IFC Advisory Limited

Graham Herring/Heather Armstrong/

Florence Chandler

Tel: +44 (0) 20 3934 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 affinity group 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.

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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
CNTUWURRWAARRUA
Date   Source Headline
12th Jun 201911:30 amRNSHolding(s) in Company
12th Jun 20199:56 amRNSCompletion of Acquisition by Intrinsic
12th Jun 20197:30 amRNSSuspension - Lighthouse Group Plc
11th Jun 20193:16 pmRNSForm 8.3 - Lighthouse Group PLC
10th Jun 20194:25 pmRNSDirector/PDMR Shareholding
10th Jun 20193:00 pmRNSCourt Sanction of Scheme of Arrangement
6th Jun 20195:30 pmRNSLighthouse Group
30th May 20196:25 pmRNSRE Contract
28th May 20193:16 pmRNSForm 8.3 - Lighthouse Group PLC
24th May 20195:20 pmRNSSatisfaction of FCA Condition
24th May 20194:50 pmRNSSatisfaction of FCA Condition
15th May 20193:16 pmRNSForm 8.3 - Lighthouse Group PLC
14th May 20193:16 pmRNSForm 8.3 - Lighthouse Group PLC
10th May 201911:20 amRNSResults of Shareholder Meetings
9th May 20193:16 pmRNSForm 8.3 - Lighthouse Group PLC
8th May 20193:16 pmRNSForm 8.3 - Lighthouse Group PLC
1st May 201912:30 pmRNSResult of AGM
30th Apr 20193:16 pmRNSForm 8.3 - Lighthouse Group PLC
29th Apr 20193:16 pmRNSForm 8.3 - Lighthouse Group PLC
26th Apr 20193:16 pmRNSForm 8.3 - Lighthouse Group PLC
25th Apr 20193:16 pmRNSForm 8.3 - Lighthouse Group PLC
24th Apr 20193:16 pmRNSForm 8.3 - Lighthouse Group PLC
23rd Apr 20193:16 pmRNSForm 8.3 - Lighthouse Group PLC
17th Apr 201910:54 amRNSForm 8.3 - Lighthouse Group plc
15th Apr 20194:50 pmRNSForm 8 (OPD) Lighthouse Group PLC
15th Apr 201910:41 amRNSForm 8.3 - Lighthouse Group
15th Apr 20197:00 amRNSRecommended Cash Offer
12th Apr 20199:50 amRNSForm 8.3 - LIGHTHOUSE GROUP PLC
11th Apr 20193:00 pmRNSForm 8 (OPD) (Lighthouse Group plc)
10th Apr 20193:30 pmRNSForm 8.3 - Lighthouse Group PLC
8th Apr 20193:20 pmRNSForm 8.3 - Lighthouse Group PLC
8th Apr 201912:27 pmRNSForm 8.3 - Lighthouse Group/ Intrinsic Financial
5th Apr 20193:13 pmRNSForm 8.3 - Lighthouse Group PLC
4th Apr 20193:20 pmRNSForm 8.3 - Lighthouse Group PLC
4th Apr 20192:53 pmRNSForm 8.3 - Lighthouse Group PLC
4th Apr 201911:45 amGNWForm 8.3 - [Insert name of offeree or offeror]
4th Apr 201911:26 amRNSForm 8.3 - Lighthouse Group Plc
4th Apr 20199:52 amRNSForm 8.3 - [LIGHTHOUSE GROUP PLC]
3rd Apr 20194:40 pmRNSSecond Price Monitoring Extn
3rd Apr 20194:35 pmRNSPrice Monitoring Extension
3rd Apr 20193:35 pmRNSForm 8 (DD) - Lighthouse Group Plc
3rd Apr 20193:31 pmPRNForm 8.3 - Lighthouse Group plc
3rd Apr 201911:49 amRNSProspective Board Change
3rd Apr 20197:00 amRNSRecommended cash offer for Lighthouse Group plc
13th Mar 20195:02 pmRNSPosting of Annual Report and Notice of AGM
26th Feb 20197:00 amRNSFinal Results
4th Feb 20197:00 amRNSNotice of Results
21st Jan 20197:00 amRNSStrategic review of auto-enrolment business
11th Jan 20197:00 amRNSTrading Update
19th Nov 20185:47 pmRNSHolding(s) in Company

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.