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Lighthouse signs deal with trade union

Lighthouse signs deal with trade union

Lighthouse Group has renewed its contract with trade union Prospect as the preferred provider of financial advice to its members.

The contract will run for a further year from 1 August and will cover retirement planning, mortgages and investments.

Prospect's 141,000 members are engineers, scientists, managers and specialists in areas such as agriculture, broadcasting, defence, education and children's services, energy, environment, heritage, shipbuilding, telecoms and transport.

Malcolm Streatfield, chief executive of Lighthouse, said: “The board is delighted that we have secured this contract renewal with Prospect, which once again serves to endorse the quality of service and financial planning support which Lighthouse Financial Advice provides for all participating members in our affinity relationships.

“We look forward to further progressing our relationship with Prospect over the coming years.

“The board remains committed to increasing our affinity partnerships throughout the UK.”

Lighthouse has 19 “affinity relationships” with a number of employee organisations representing more than 6m members.

These include Unison, Unite, BA Clubs, Fostertalk and the Royal College of Nursing.

Mike Clancy, general secretary of Prospect, said: “We are very pleased to have secured this contract renewal with Lighthouse, which will enable us to continue to ensure that our members are able to access financial planning assistance from such a well reputed and reliable organisation.

“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 develop our relationship with Lighthouse and ensuring that our members are able to secure quality service and consistent financial advice.”