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Lighthouse Group renews contract with Money Advice Service
Financial adviser Lighthouse Group announced on Friday that it has agreed the renewal of its contract with The Money Advice Service to provide financial advice to its staff.
The AIM-traded company said under the terms of the deal, which was renewed for a further year from 15 April, Lighthouse would be the preferred adviser to staff on savings, investments, pensions and protection, plus mortgages.
Jon Penberthy-Smith, customer director at The Money Advice Service, said: "We are very pleased to have renewed this contract with Lighthouse, as this will enable our employees to continue to access financial planning assistance across a broad range of financial topics and will help them to make the most of their own financial planning opportunities."
Launched in April 2011, The Money Advice Service is an independent organisation that seeks to enhance the understanding and knowledge of financial issues amongst members of the UK public by offering guidance.
Malcolm Streatfield, chief executive Officer of Lighthouse, said: "We look forward to further developing our relationship over the coming months and working closely with Money Advice Service employees, who themselves are dedicated to helping others, and to assisting them with their overall financial planning requirements. The board remains committed to developing further our affinity partnerships throughout the UK."
Lighthouse said the renewal consolidated its growing list of partnerships, which currently includes UNISON, BA Clubs, Prospect, The Fire Brigades Union and the Royal College of Nursing.
As of 1026 BST, Lighthouse Group's shares were unchanged at 25.00p.