Lighthouse Group PLC Renewal of affinity contract
September 25 2017 - 1:01AM
RNS Non-Regulatory
TIDMLGT
Lighthouse Group PLC
25 September 2017
Press Release 25 September 2017
Lighthouse Group plc
("Lighthouse" or the "Group")
Renewal of affinity contract
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 Boundless, by CSMA, as the
preferred provider of expert financial advice to its members,
encompassing retirement planning, mortgages and investments, for a
further three years.
Boundless, by CSMA, has 240,000 members and is a club dedicated
to those in the Civil Service and Public Sector
Lighthouse has an impressive list of affinity partnerships,
which alongside Boundless, by CSMA, include major employee
organisations such as UNISON, Unite, Prospect, BA Clubs, Royal
College of Nursing (RCN) and the University and College Union
(UCU), further demonstrating Lighthouse's capacity to deliver
financial planning solutions to a diverse and expanding
audience.
Stephen Chinn, Head of Proposition of Boundless, by CSMA,
commented "We are delighted to have renewed this contract with
Lighthouse, as this will enable us to continue to ensure that our
members are able to access financial planning assistance on a truly
national basis via such a well reputed and reliable organisation.
It is very important to us to continue to partner with an
organisation which is clearly capable of supporting our members no
matter where they may reside and no matter what their background.
We look forward to further building upon our relationship with
Lighthouse and ensuring that our members are able to secure quality
service and consistent financial advice."
Malcolm Streatfield, Chief Executive Officer of Lighthouse
commented: "The Board is very pleased that we have secured this
contract renewal with Boundless, by CSMA, which once again serves
to highlight the quality of service and financial planning support
which Lighthouse Financial Advice provides for all participating
members in our affinity relationships. We look forward to further
progressing our relationship with Boundless, by CSMA, over the
coming years. The Board remains committed to increasing our
affinity partnerships throughout the UK."
For further information, please contact:
Lighthouse Group plc
Malcolm Streatfield, Tel: +44 (0) 20 7065
Chief Executive 5640
Peter Smith, Finance
Director
investorenquiries@lighthousefs.uk
www.lighthousegroup.plc.uk
finnCap Limited Tel: +44 (0) 20 7220
0500
(Nominated Adviser to
the Company)
Adrian Hargrave
Emily Watts
Hannah Boros
Media enquiries:
IFC Advisory Limited
Graham Herring Tel: +44 (0) 20 3053
Tim Metcalfe 8671
Heather Armstrong
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
five solutions comprise multi-manager, fund of fund, investment
portfolios matching to customers' agreed risk profiles, with
Octopus Investments Limited as the initial Investment Adviser. The
Luceo Fund range is available across a number of leading platforms,
including the Lighthouse Zurich Platform provided 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 (some 600,000 SMEs have yet 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
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