Lighthouse Group PLC Affinity contract renewal

TIDMLGT

Lighthouse Group PLC

23 October 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 agreed the renewal of its contract with British Airways Clubs as the preferred provider of expert financial advice to its members, encompassing retirement planning, mortgages and investments, for a further three years from 1 July 2018.

British Airways Clubs ("BA Clubs") provides membership benefits to circa 40,000 current or former British Airways staff members.

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

Chris Byron, Chairman of BA Clubs, commented: "We are very pleased to have secured this contract renewal with Lighthouse, which will enable us to continue to facilitate professional financial planning assistance for our members. We look forward to continuing to strengthen our relationship with Lighthouse and ensuring that our members are able to secure robust and consistent financial advice, catering for a wide range of financial planning requirements".

Malcolm Streatfield, Chief Executive Officer of Lighthouse commented: "The Board is delighted that we have secured this contract renewal with BA Clubs, which endorses further the high quality financial advice that Lighthouse Financial Advice provides to all participating members within our affinity group partners. We look forward to continuing to assist members of BA Clubs with their financial planning requirements 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 - Chief Executive       Tel: +44 (0) 20 7065 5640 
  Peter Smith - Group Finance Director 
 investorenquiries@lighthousegroup.plc.uk   www.lighthousegroup.plc.uk 
 
 
 finnCap Limited 
 (Nominated Adviser and Broker to the      Tel: + 44 (0) 20 7220 
  Company)                                                  0500 
 Corporate 
  Julian Blunt /Emily Watts/Hannah Boros 
  ECM 
  Alice Lane

Media enquiries:

 
 IFC Advisory Limited 
 Graham Herring/Heather Armstrong/        Tel: +44 (0) 20 3934 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 affinity group 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.

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

NRAELLFLVBFEFBX

(END) Dow Jones Newswires

October 23, 2018 02:00 ET (06:00 GMT)

Lighthouse (LSE:LGT)
Historical Stock Chart
From Dec 2024 to Jan 2025