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Affinity Contract Renewal

18 May 2018 07:00

RNS Number : 4931O
Lighthouse Group PLC
18 May 2018
 

18 May 2018

Lighthouse Group plc

("Lighthouse" or "the Group")

 

Renewal of contract with The Money Advice Service

Lighthouse Group plc (AIM: LGT), the national financial adviser of choice for Middle Britain, is pleased to announce that it has agreed the renewal of its contract with The Money Advice Service to be the preferred provider of expert financial advice to its employees.

The contract is being renewed for a further year from 15 April 2018 and under the terms Lighthouse will be the preferred provider of financial advice to Money Advice Service employees, encompassing advice on savings, investments, pensions and protection, plus mortgages.

The Money Advice Service, which was launched in April 2011, is an independent organisation whose statutory objectives are to enhance the understanding and knowledge of financial issues amongst members of the public in the UK by offering guidance.

This renewal consolidates the growing list of affinity partnerships for Lighthouse, which includes major employee organisations such as UNISON, BA Clubs, Prospect, The Fire Brigades Union and the Royal College of Nursing, highlighting Lighthouse's capacity to deliver financial planning solutions to a diverse and substantial audience.

Jon Penberthy-Smith, Customer Director at The Money Advice Service, commented: "We are very pleased to have renewed this contract with Lighthouse, as this will enable our employees to continue to access financial planning assistance across a broad range of financial topics and will help them to make the most of their own financial planning opportunities".

Malcolm Streatfield, Chief Executive Officer of Lighthouse, commented: "The Board is delighted that we have renewed this partnership with The Money Advice Service. We look forward to further developing our relationship over the coming months and working closely with Money Advice Service employees, who themselves are dedicated to helping others, and to assisting them with their overall financial planning requirements. The Board remains committed to developing further our affinity partnerships throughout the UK".

 

For further information, please contact:

Lighthouse Group plc

Malcolm Streatfield - Chief Executive

Tel: +44 (0) 20 7065 5640

Peter Smith - Group Finance Director

investorenquiries@lighthousegroup.plc.uk

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

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 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 in the asset management and auto-enrolment sectors.

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
 
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