Nationals 

Lighthouse renews contract with headteachers' union

Lighthouse renews contract with headteachers' union

National financial advice firm Lighthouse has renewed its contract to provide financial advice to members of the headteachers' union.

The thee-year deal with the Association of School and College Leaders (ASCL) will see Lighthouse advisers provide financial advice to its members on retirement planning, mortgages and investments.

The ASCL represents more than 19,000 education professionals, including executive heads, secondary heads, deputy heads, assistant heads, bursars, principals and vice-principals.

Steve Kind, director of finance and operations of the ASCL, 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 a reliable and well reputed organisation.

"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 also capable of dealing with the sometimes complex and very specific needs of our membership."

The contract sees the ASCL join the list of Lighthouse's existing partners, which includes major employee organisations such as Unison, BA Clubs, and the Royal College of Nursing.

In July it renewed its deal with trade union Prospect to provide advice to about 142,000 members.

The firm also works with the employees of the Money Advice Service.

Malcolm Streatfield, chief executive of Lighthouse, said: "The board is delighted that we have secured this contract renewal with the Association of School and College Leaders, which highlights further the quality of service and financial planning support which Lighthouse Financial Advice provides for all participating members in our affinity relationships.

"We very much look forward to building on our relationship with the Association of School and College Leaders over the years ahead. The board remains committed to developing further our affinity partnerships throughout the UK."

damian.fantato@ft.com