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LGT Lighthouse Group Plc

33.25
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
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 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Lighthouse Group PLC Renewal of affinity contract

03/07/2018 7:00am

RNS Non-Regulatory


TIDMLGT

Lighthouse Group PLC

03 July 2018

3 July 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 won a competitive tender exercise to agree the renewal of its contract with Prospect, 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) June 2018.

Prospect's 142,000 members are engineers, scientists, managers and specialists in areas as diverse as agriculture, broadcasting, defence, education and children's services, energy, environment, heritage, shipbuilding, telecoms and transport. The diversity of Prospect's membership continues to grow and now also includes BECTU as a sector. BECTU is the UK's media and entertainment trade union, representing staff, contract and freelance workers who are based primarily in the United Kingdom and encompasses circa 40,000 individuals.

This contract renewal underlines Lighthouse's already impressive list of affinity partnerships, which includes major employee organisations such as UNISON, BA Clubs, Fostertalk and the Royal College of Nursing (RCN), further highlighting Lighthouse's capacity to deliver financial planning solutions to a diverse and substantial audience.

Mike Clancy, General Secretary of Prospect commented: "We are very pleased 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, able to cater for a broad range of financial planning requirements. Given the truly national basis of our membership, 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. We look forward to continuing to develop 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 Prospect, which serves to endorse 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 further progressing our relationship with Prospect 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: +44 (0) 20 7065 
  Chief Executive                                                 5640 
  Peter Smith - Group Finance 
  Director 
 investorenquiries@lighthousegroup.plc.uk   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: +44 (0) 20 3934 
  Armstrong /                                                 6630 
  Florence Chandler 
 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 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 rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

July 03, 2018 02:00 ET (06:00 GMT)

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