Lighthouse Group PLC Renewal of affinity contract (0473S)

TIDMLGT

RNS Number : 0473S

Lighthouse Group PLC

21 June 2018

 
 Press Release   21 June 2018 
 

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 FosterTalk, 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) May 2018.

FosterTalk is a not-for-profit leading provider of independent support for foster carers in the UK and has 20,000 members.

This contract renewal underlines Lighthouse's already impressive list of affinity partnerships, which includes major employee organisations such as UNISON, BA Clubs, Fire Brigades Union and Prospect, highlighting further Lighthouse's capacity to deliver financial planning solutions to a diverse and substantial audience.

Alan Wood of FosterTalk commented: "We are delighted to have secured this contract renewal with Lighthouse, which will enable us to continue to ensure that our members are able to access financial planning assistance from a reliable and well reputed organisation. The national basis of our membership means that it is 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 and also capable of understanding the very specific needs of our membership. We look forward to continuing to develop 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 very pleased to have secured this contract renewal with FosterTalk, which serves to highlight further the quality of service and financial planning support which Lighthouse Financial Advice provides for all participating members in our affinity relationships. We very much look forward to building on our relationship with FosterTalk over the years ahead. The Board remains committed to developing further our affinity partnerships throughout the UK."

For further information, please contact:

 
 Lighthouse Group plc 
 Malcolm Streatfield -                            Tel: [phone] 
  Chief Executive                                                 5640 
  Peter Smith - Group Finance 
  Director 
 [e-mail]   www.lighthousegroup.plc.uk 
 
 
 finnCap Limited 
 (Nominated Adviser and    Tel: + 44 (0) 20 7220 
  Broker to the Company)                    0500 
 Adrian Hargrave / Emily 
  Watts/ Hannah Boros 
 

Media enquiries:

 
 IFC Advisory Limited 
 Graham Herring / Heather                                Tel: [phone] 
  Armstrong /                                                            6630 
  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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

CNTPGUGWQUPRGAU

(END) Dow Jones Newswires

June 21, 2018 02:00 ET (06:00 GMT)