If you would like to learn more about future focusIR related events and roundtables, please submit your details here

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
6th May 20088:15 amRNSUpdate re. Merger
1st May 20083:48 pmRNSShare and Cash Elections
1st May 200812:40 pmRNSOffer Update
30th Apr 20083:28 pmRNSOffer Update
24th Apr 200811:40 amRNSResult of AGM
22nd Apr 20087:00 amRNSOffer Update
22nd Apr 20087:00 amRNSRule 8.3- Lighthouse Grp
21st Apr 20083:29 pmRNSRule 8.3-Lighthouse Group PLC
18th Apr 20087:00 amRNSDisclosure of Dealing
17th Apr 20085:37 pmRNSRule 8.3-Lighthouse Group PLC
17th Apr 200812:43 pmRNSRule 8.3- Lighthouse Group
15th Apr 20084:25 pmRNSRule 8.3-Lighthouse Group PLC
14th Apr 20083:50 pmRNSResult of EGM
14th Apr 200810:30 amRNSResult of EGM
7th Apr 20085:23 pmRNSDirector/PDMR Shareholding
7th Apr 200812:48 pmRNSDirector/PDMR Shareholding
20th Mar 200811:20 amRNSOffer Update
19th Mar 200812:01 pmRNSOffer Update
18th Mar 200812:02 pmRNSOffer Update
18th Mar 20087:01 amRNSCompany Secretary Change
13th Mar 20084:50 pmRNSRule 8.3- Lighthouse Group
12th Mar 20084:31 pmRNSDividend Update
12th Mar 20089:18 amRNSRule 2.10 Announcement
11th Mar 20087:02 amRNSPreliminary Results
11th Mar 20087:02 amRNSLighthouse Sumus Merger
5th Mar 20087:00 amRNSNotice of Results
18th Feb 20083:21 pmRNSHolding(s) in Company
7th Feb 20085:27 pmRNSCorrection - Issue of Equity
5th Feb 20087:00 amRNSExercise of Options
4th Jan 20087:00 amRNSExercise of Options
23rd Nov 200710:00 amRNSHolding(s) in Company
15th Nov 20072:25 pmRNSHolding(s) in Company
25th Oct 20077:00 amRNSExercise of Options
24th Oct 20073:05 pmRNSDirectors' Share Options
3rd Oct 200710:45 amRNSStmnt re Share Price Movement
17th Sep 20077:00 amRNSInterim Results
7th Sep 20073:15 pmRNSNotice of Results
17th Aug 200712:00 pmRNSRestatement under IFRS
15th Aug 20077:01 amRNSAIM Rule 26 information
25th Jul 20077:00 amRNSDirectorate Change
29th Jun 20077:01 amRNSExercise of Options
12th Jun 20077:01 amRNSLaunch of New Initiative
29th May 20077:02 amRNSMortgage Packaging Service
24th May 200710:15 amRNSResult of AGM
21st May 20077:01 amRNSCerTax agreement
15th May 20077:05 amRNSCommercial Lending Service
27th Mar 200711:21 amRNSLV= arrangements
16th Mar 20077:01 amRNSHolding(s) in Company
12th Mar 20077:02 amRNSFinal Results
5th Mar 20077:00 amRNSNotice of 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.