Contract with Bakers Food and Allied Workers Union

Lighthouse Group plc

('Lighthouse' or 'the Group')

Financial Adviser Awards: Large IFA of the Year

Lighthouse wins contract with Bakers Food and Allied Workers Union

Lighthouse Financial Advice ("LFA") is pleased to announce that it has signed a three year contract with the Bakers Food and Allied Workers Union ("BFAWU"); this contract is the latest in a series of agreements with affinity partners that Lighthouse has secured.  

The Bakers, Food and Allied Workers' Union (BFAWU) is a trade union in the UK. Founded in 1847 in Manchester it is a trade-based union of workers in the food industry. Soon after foundation, the union began organising nationally and became the Amalgamated Union of Operative Bakers. It gained prominence when its 1861 campaign for improvements in working conditions led to the Bakehouse Regulations Act 1863. In 1964 the union was renamed the Bakers' Union, but was later lengthened to the present name.

The union has 23,000 members who are placed in worksites throughout the UK.

Ian Hodson, National President of BFAWU, commented: "BFAWU looks forward to offering its members financial advice through Lighthouse. We hope this is the start of a long and successful relationship for both parties."

This contract follows the announcement of LFA's three year contract with the Royal College of Nursing, announced on 5 September 2012. LFA's affinity partners include major employee organisations such as UNISON, BA Clubs and the Civil Service Motoring Association (CSMA). This contract gives LFA access to a further 23,000 affinity group members across the UK.

Malcolm Streatfield, Chief Executive, said: "This additional contract further validates the work that the Company has been doing to target affinity groups, and the Board is delighted with this new partnership. We look forward to developing a strong relationship with the BFAWU over the next three years and providing financial advice to its members across the UK."

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