Lighthouse Group plc (LON:LGT) this morning announced that it has agreed the renewal of its contract with the General Federation of Trade Unions to be the preferred provider of expert financial advice to its affiliate members.
The contract will run for two years from 1 March 2018 and under the terms Lighthouse will be the preferred provider of financial advice to GFTU affiliate members, encompassing advice on savings, investments, pensions and protection, plus mortgages.
The GFTU is the federation for specialist trade unions and sections of larger, general unions. It has 27 affiliates with some 260,000 members and provides a range of support and services, which include education, research and project management.
This contract renewal underpins a growing list of affinity partnerships, which includes major employee organisations such as UNISON, UNITE, usdaw, BA Clubs, Prospect and the Royal College of Nursing (RCN), highlighting Lighthouse’s capacity to deliver holistic financial planning solutions to a diverse and substantial customer base on a national basis.
Doug Nicholls, General Secretary of the GFTU, commented: “We are delighted to have secured the renewal of this contract with Lighthouse, which will enable us to continue to facilitate financial planning assistance for our affiliate members and ensure that they are able to receive this in a reliable and consistent manner, no matter what their planning requirements might be”.
Malcolm Streatfield, Chief Executive Officer of Lighthouse, commented: “The Board is very pleased that we have secured the renewal of this partnership with the GFTU. We look forward to developing further our relationship over the coming years and working closely with GFTU affiliate members to assist them with their financial planning requirements. The Board remains committed to maintaining and enhancing the Group’s affinity relationships across the UK”.
