Lighthouse Group Renews Trade Union Financial Advice Contract

20th Mar 2018 13:52

LONDON (Alliance News) - Lighthouse Group PLC said Tuesday it has agreed with the General Federation of Trade Unions to keep providing financial advice to its members.

The renewed contract will run from the start of March for two years and will include savings advice, investments, pensions and protection, as well as mortgages.

The GFTU, it said, is a federation for specialist trade unions and sections of larger, general unions, and has 27 affiliates with 260,000 members.

Chief Executive Malcolm Streatfield 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."

Lighthouse shares were down 3.2% on Tuesday afternoon at 21.40 pence each.

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