Lighthouse Group PLC Lighthouse contract with The Money Advice Service
March 03 2017 - 1:00AM
RNS Non-Regulatory
TIDMLGT
Lighthouse Group PLC
03 March 2017
Press Release 3 March 2017
Lighthouse Group plc
("Lighthouse", the "Group" or the "Company")
Lighthouse 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 a new contract with The Money Advice Service to be the
preferred provider of financial advice to its employees.
The contract will initially run for one year and stipulates that
Lighthouse will be the preferred provider of financial advice to
employees of The Money Advice Service, 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.
This new contract further extends a growing list of affinity
partnerships for Lighthouse, which includes major employee
organisations such as UNISON, Unite, 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 secured this
contract with Lighthouse as this will enable our employees access
to financial planning assistance across a broad range of financial
topics and will help them to make the most of financial planning
opportunities."
Malcolm Streatfield, Chief Executive Officer of Lighthouse
commented: "We are delighted to have secured this partnership with
The Money Advice Service. We look forward to developing our
relationship over the coming months and working closely with The
Money Advice Service employees, who themselves are dedicated to
helping others, and 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 - Tel: +44 (0) 20 7065
Chief Executive 5640
Peter Smith - Group Finance
Director
www.lighthousegroup.plc.uk
investorenquiries@lighthousefs.help
Media enquiries:
IFC Advisory Limited
Graham Herring/Tim Metcalfe/Heather Tel: +44 (0) 20
Armstrong 3053 8671
heather.armstrong@investor-focus.co.uk www.investor-focus.co.uk
finnCap Limited
(Nominated Adviser and Broker Tel: + 44 (0)
to the Company) 20 7220 0500
Adrian Hargrave / Emily Watts
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
three solutions comprise 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; 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
NRAEAXDAEDDXEFF
(END) Dow Jones Newswires
March 03, 2017 02:00 ET (07:00 GMT)
Lighthouse (LSE:LGT)
Historical Stock Chart
From Apr 2024 to May 2024
Lighthouse (LSE:LGT)
Historical Stock Chart
From May 2023 to May 2024