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Lighthouse steps up campaign to lure advisers

The chief executive of Lighthouse said the new developments would help the company to fill the post-RDR void sparked by the death of banking advice, as it continues its campaign to recruit 500 advisers in the next year.

Speaking at Lighthouse’s most recent conference on 18 October in London, Mr Streatfield said the company’s new business processing system, called ‘Fairway’, incorporates both risk profiling and compliance sign off, making compliance quicker and easier.

He said: “Ultimately, this investment will save advisers time and give them access to the tools they need to compete effectively in the post-RDR environment.”

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He also said that rolling out the Lighthouse Financial advice training academy across the entire group showed its commitment “to the continued performance excellence of our staff”.

Mr Streafield said: “Almost a year on from the RDR we are a financially strong organisation with good quality growth, positive cash balances and a bright future.

“We want to encourage advisers to join us on our journey, through our affinity connections we can provide them with access to more than 5m ‘Middle Britain’ clients.”