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

Regulatory approval & listing of CPT Master Trust

1 Jun 2017 07:00

RNS Number : 7756G
Lighthouse Group PLC
01 June 2017
 

 

 

01 June 2017

 

Lighthouse Group plc

('Lighthouse" or "the Group")

 

TPR approval and listing for Group's Master Trust auto-enrolment solution

 

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, announces the approval and listing of its sponsored master trust by the Pensions Regulator ("TPR")

 

The Corporate Pensions Trust ("CPT" or the "Trust"), launched in November 2013, is a multi-employer pensions Master Trust, utilising age-based target date funds managed by Alliance Bernstein, and has three corporate trustees.

 

The Lighthouse Pensions Trust ("LPT"), which is an employer category within CPT, is unique in being the only fully advised workplace pensions solution for employers needing to comply with their auto-enrolment legal obligations. It provides access to a network of locally based specialists who will guide employers right through the auto-enrolment process from initial data gathering and option selection to establishing the scheme and managing changes on an on-going basis thereafter.

 

There is also a category under the Trust Pensions brand for employers who wish to comply with their auto-enrolment obligations but who do not require separate advice on the process.

 

The Trust obtained accreditation in December 2016 under the Master Trust assurance framework, which confirms that the Trust has the robust internal controls and governance required by the rules of the ICAEW AAF 02/07 (technical release 07/14). TPR confirmed its approval and formal recognition of CPT in April 2017 and is listing CPT on its website from today.

 

Commenting on the official listing of the Corporate Pensions Trust, including the Lighthouse Pensions Trust, Malcolm Streatfield, Chief Executive of Lighthouse Group plc. said:

 

"The listing of our Master Trust solution by the Pensions Regulator is a key milestone for the Group. It means that employers who have yet to stage auto-enrolment compliant workplace pension schemes in 2017 or 2018, as well as those who have staged since 2012, can be confident that, in choosing LPT as their auto-enrolment solution, they have selected a provider that offers value for money, the highest standards of corporate governance, focused on good member outcomes, and is financially secure. The Lighthouse Pensions Trust, together with the Group's allied offering, the Lighthouse Life Trust (for death-in-service life assurance benefits without individual medical underwriting), offers a one-stop solution for employers seeking to provide workplace pensions, all with local support as and when needed."

 

- Ends -

 

For further information, please contact:

Lighthouse Group plc

Malcolm Streatfield, Chief Executive

Tel: +44 (0) 20 7065 5640

 

www.lighthousegroup.plc.uk

finnCap Limited

 

(Nominated Adviser and Broker to the Company)

Tel: + 44 (0) 20 7220 0500

 

Adrian Hargrave / Emily Watts/ Hannah Boros

 

Media enquiries:

IFC Advisory Limited

Heather Armstrong/ Tim Metcalfe/ Graham Herring

Tel: +44 (0) 20 3053 8671

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. These comprise:

· Luceo Asset Management, launched in September 2016 to provide a range of investment solutions to retail investors. The initial solution comprise five multi-manager, fund of fund, investment portfolios matching to customers' agreed risk profiles, with Octopus Investments Limited as the initial Investment Adviser. These are available across a number of platforms, including the 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
 
 
NRAEANSFDESXEFF
Date   Source Headline
28th Feb 20177:00 amRNSExtension of Luceo Funds range
21st Feb 20177:00 amRNSFinal results year ended 31 December 2016
10th Feb 20177:00 amRNSAffinity contract renewal
7th Feb 20177:00 amRNSNotice of Results
21st Dec 20162:36 pmRNSHolding(s) in Company
20th Dec 20163:30 pmRNSDirectorate Change
26th Oct 20167:00 amRNSLighthouse Wins New Affinity Contract
17th Oct 20163:46 pmRNSHolding(s) in Company
3rd Oct 20162:00 pmRNSPosting of Interim Report
21st Sep 20163:35 pmRNSHolding(s) in Company
21st Sep 20169:51 amRNSHolding(s) in Company
20th Sep 20167:00 amRNSInterim Results
16th Sep 201611:00 amRNSProduct Launch
31st Aug 20167:00 amRNSNotice of Results
4th May 20167:00 amRNSLighthouse wins new affinity contract
12th Apr 201611:28 amRNSResult of AGM
23rd Mar 201612:29 pmRNSWithdrawal of Possible Offer
23rd Mar 20168:30 amRNSStatement re Possible Offer for Lighthouse Group
18th Mar 20163:20 pmRNSForm 8.3 - Lighthouse Group
18th Mar 20162:49 pmRNSForm 8.3 - Lighthouse Group Plc
18th Mar 20162:41 pmRNSForm 8.3 - Lighthouse Group plc
17th Mar 20164:32 pmRNSResponse to Indicative Offer and Rule 2.10
17th Mar 20161:19 pmRNSApproach to Lighthouse Group plc
15th Mar 201611:36 amRNSHolding(s) in Company
15th Mar 20167:00 amRNSLighthouse renews affinity contract
7th Mar 20167:00 amRNSPosting of Annual Report & Notice of AGM
2nd Mar 20167:00 amRNSHolding(s) in Company
26th Feb 201610:20 amRNSHolding(s) in Company
24th Feb 20167:00 amRNSHolding(s) in Company
22nd Feb 20167:00 amRNSFinal Results
11th Feb 20165:44 pmRNSHolding(s) in Company
28th Jan 20167:00 amRNSLighthouse wins new affinity contract
10th Dec 20157:00 amRNSNew Long Term Incentive Awards
3rd Dec 20157:00 amRNSLighthouse wins new affinity contract
24th Sep 20151:00 pmRNSLighthouse and Avensure agree introducer agreement
21st Sep 20157:00 amRNSHolding(s) in Company
14th Sep 20157:00 amRNSInterim Results
7th Sep 20157:00 amRNSLighthouse renews and extends affinity contracts
3rd Sep 20157:00 amRNSLighthouse wins new affinity contract
20th Aug 20153:35 pmRNSHolding(s) in Company
19th Aug 20153:15 pmRNSHolding(s) in Company
4th Jun 20157:00 amRNSLighthouse launches the Lighthouse Life Trust
6th May 201510:55 amRNSResult of AGM
15th Apr 20154:05 pmRNSHolding(s) in Company
26th Feb 20157:01 amRNSPreliminary Results
21st Jan 20157:00 amRNSDedicated mortgage & protection offering launched
9th Jan 20157:00 amRNSLighthouse further enhances financial planning
11th Dec 20147:00 amRNSLPT receives 5-star rating from Defaqto
13th Nov 20147:00 amRNSChange of Adviser
22nd Sep 20147:00 amRNSInterim 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.