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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Lighthouse Group Plc | LSE:LGT | London | Ordinary Share | GB0009779116 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 33.25 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMLGT
RNS Number : 3966S
Lighthouse Group PLC
20 December 2016
Press Release 20 December 2016
Lighthouse Group plc
("Lighthouse" or "the Group")
Directorate Change
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 that Fay Williams has informed the Board that she intends to retire from her position as Non-Executive Director at the Company's next AGM, to be held in early May 2017.
The Board will commence the process of identifying and selecting a suitable replacement for Fay as a Non-Executive Director in the New Year.
Richard Last, Chairman of Lighthouse, commented: "The Board of Lighthouse would like to thank Fay for her significant contribution to the business during her four years' service as a director. Her breadth of knowledge of the UK financial services industry has been invaluable in helping the Board monitor and develop the Group's operations. We wish her well in her retirement."
- Ends -
For further information, please contact:
Lighthouse Group plc Richard Last, Chairman Malcolm Streatfield, Tel: +44 (0) 20 7065 Chief Executive 5640 Peter Smith, Finance Tel: +44 (0) 1392 457850 Director www.lighthousegroup.plc.uk investorenquiries@lighthousefs.help
Media enquiries:
IFC Advisory Limited Graham Herring/Tim Metcalfe/Heather Tel: +44 (0) 20 7 Armstrong 652 9788 heather.armstrong@investor-focus.co.uk www.investor-focus.co.uk finnCap Limited (Nominated Adviser and Broker Tel: + 44 (0) 20 to the Company) 7220 0500 Adrian Hargrave/ Emily Watts
About Lighthouse Group plc
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 5 million members.
Lighthouse has been listed on AIM (LGT) since 2000 and presents 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.
The Group aims to increase its relationships with and the benefits it derives from, its relationships with affinity groups and professional partners.
In 2014 Lighthouse announced the launch of its Lighthouse Pensions Trust ("LPT"), an unbundled multi-employer Master Trust product that provides a cost-effective and one-stop shop service to enable small- and medium- sized enterprises ("SMEs"), under the Group's Lighthouse Workplace Solutions ("LWS") branded service. Some 1.8 million SMEs are required to establish auto-enrolment compliant pension schemes for their employees between July 2015 and March 2018. LPT utilises target date funds managed by Alliance Bernstein, which manages $489 Billion of funds world-wide and is 63 per cent. owned by AXA, with Bridge Trustees Limited, a subsidiary of Eversheds LLP, acting as one of three corporate trustees and providing the Chair of the Trustee Board.
In 2015 the Group announced an extension of its LWS offering with the launch of the Lighthouse Life Trust, again an unbundled multi-employer occupational Master Trust product that enables those businesses that have agreed to adopt LPT to meet their auto-enrolment obligations to 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. The scheme is underwritten by Zurich Assurance Limited with Bridge Trustees Limited as corporate trustee.
On 16 September 2016 the Group announced the launch of its Luceo Asset Management business, providing 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.
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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(END) Dow Jones Newswires
December 20, 2016 10:30 ET (15:30 GMT)
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