Lighthouse Group has agreed to renew its contract with The Union of Shop, Distributive and Allied Workers (Usdaw).
It means the firm will act as the preferred provider of financial advice to its members, supplying reviews on investments, retirement planning, mortgages and protection, for another three years from 1 February 2017.
Originally signed in March 2013, the contract is one of a number Lighthouse has with its “affinity partners”, which include Unison, Unite, BA Clubs, Prospect, Boundless and the Royal College of Nursing.
Malcolm Streatfield, chief executive of Lighthouse, said: “The board is delighted that we have secured this contract renewal with Usdaw, which further endorses the quality of service and financial planning assistance which Lighthouse Financial Advice makes available to all participating members in our affinity groups.
“We look forward to further developing our relationship with Usdaw over the coming years.
“The board remains committed to increasing our affinity partnerships throughout the UK.”
Usdaw was established in 1891 and is one of the largest trade unions in Britain, with more than 434,000 members nationwide.
It represents workers across a wide variety of workplaces, including all major retailers, food manufacturing, pharmaceuticals, warehousing and distribution and home shopping, plus a range of other industries.
John Hannett, the union’s general secretary, said: “We are delighted to have secured this contract renewal with Lighthouse, which will enable us to continue to facilitate financial planning assistance for our members.
“Given the truly national basis of our membership, it is important to us to continue to partner with an organisation which is clearly capable of supporting our members no matter where they may reside and no matter what their background.
“We look forward to continuing to build our relationship with Lighthouse and ensuring that our members are able to secure good service and consistent financial advice.”