Lighthouse Group PLC Affinity contract renewal

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Lighthouse Group PLC

15 May 2018

 
 Press Release   15 May 2018 
 

Lighthouse Group plc

("Lighthouse" or "the Group")

Affinity contract renewal

Lighthouse Group plc (AIM: LGT), the national financial adviser of choice for Middle Britain, is pleased to announce that it has won the renewal of its contract with Royal College of Nursing (RCN), as the preferred provider of expert financial advice to its members, encompassing retirement planning, mortgages and investments, for a further three years from 1(st) March 2018.

Royal College of Nursing (RCN) has around 435,000 members, comprising of registered nurses, midwives, health care assistants and nursing students, working in a range of health care specialities and settings in the NHS and independent sectors.

This contract renewal underlines Lighthouse's already impressive list of affinity partnerships, which includes major employee organisations such as UNISON, BA Clubs, Usdaw, Association of Teachers and Lecturers (ATL) and University and College Union (UCU), further demonstrating Lighthouse's capacity to deliver financial planning solutions to a diverse and growing audience.

Andy Cowan, Business Director at Royal College of Nursing, commented: "We are pleased 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 and across a broad range of financial planning topics. It is very important to us to be able 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 professional financial advice".

Malcolm Streatfield, Chief Executive Officer of Lighthouse commented: "The Board is delighted that we have secured this contract renewal with Royal College of Nursing (RCN), which further 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 Royal College of Nursing (RCN) over the coming years. The Board remains committed to developing further our affinity partnerships throughout the UK".

For further information, please contact:

 
 Lighthouse Group plc 
 Malcolm Streatfield - Chief                 Tel: [phone] 
  Executive 
  Peter Smith - Group Finance 
  Director 
 [e-mail]   www.lighthousegroup.plc.uk 
 
 
 finnCap Limited 
 (Nominated Adviser and Broker    Tel: + 44 (0) 20 7220 0500 
  to the Company) 
 Adrian Hargrave / Emily Watts/ 
  Hannah Boros 
 

Media enquiries:

 
 IFC Advisory Limited 
 Graham Herring / Heather Armstrong                      Tel: [phone] 
  / 
  Florence Chandler 
 [e-mail]                   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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May 15, 2018 02:01 ET (06:01 GMT)