Lighthouse Group 

Lighthouse renews union advice contract

Lighthouse renews union advice contract

Lighthouse Group has renewed its contract with the General Federation of Trade Unions (GFTU) to be the preferred provider of financial advice to its members.   

The contract will run for two years from 1 March 2018 and will see Lighthouse provide financial advice to GFTU affiliate members, encompassing advice on savings, investments, pensions and protection, plus mortgages.

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

Malcolm Streatfield, chief executive of Lighthouse, said: "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 has a number of affinity relationships with major employee organisations, including Unison, Unite, BA Clubs, Prospect and the Royal College of Nursing.

Doug Nicholls, general secretary of the GFTU, said: "We are delighted to have secured the renewal of this contract with Lighthouse, which will enable us to continue to facilitate financial planning assistance for our affiliate members and ensure that they are able to receive this in a reliable and consistent manner, no matter what their planning requirements might be."

damian.fantato@ft.com