Lighthouse agrees deal with Fire Brigade Union

AIM-listed financial advisory firm Lighthouse Group has agreed a new contract with Fire Brigades Union (FBU) to be the preferred provider of expert financial advice to its members.

As part of the contract, which will run for three years, Lighthouse will be the preferred provider of financial advice to FBU members, encompassing advice on savings, investments, pensions and protection, plus mortgages.

FBU represents a membership of 36,000 fire service professionals and 7,000 retired members.

Chief executive Malcolm Streatfield said: "The board is delighted that we have secured this partnership with the Fire Brigades Union, a new and exciting engagement for us. We look forward to developing our relationship over the coming years and working closely with FBU members, who themselves are dedicated to helping others, and to assisting them with their financial planning requirements. The board remains committed to increasing our affinity partnerships throughout the UK.”

Dave Green, national officer of FBU, said: "The new arrangements will enable our members to access invaluable financial planning assistance. Many find themselves in complex financial circumstances, and they will now be able to maximise opportunities they may not have known existed to secure their and their families' futures."

At 0950 BST, Lighthouse shares were down 0.2% to 12.10p.