Lighthouse : extends contract with CSMA Club

Lighthouse Group plc

("Lighthouse" or "the Group")

Lighthouse extends contract with CSMA Club for three years

Lighthouse Group plc (AIM:LGT), the national financial adviser of choice for Middle Britain,  is pleased to announce that that its wholly owned subsidiary Lighthouse Financial Advice ("LFA") has renewed its contract with CSMA Club, an established lifestyle, motoring and leisure association, for a further three year period.  Lighthouse has been working with CSMA Club since 2007 and will continue to be the exclusive provider of expert financial advice to its members.

The contract runs for three years, and under the terms Lighthouse will be the exclusive provider of financial advice to CSMA Club's members, encompassing advice on savings, investments, pensions, insurance and protection.  The CSMA Club has been established since 1923 and today has over 280,000 members drawn from civil servants, public sector company employees and their families.  The Club is run by its members for its members and its aim is to help its members get more for their money and more enjoyment out of life.

The contract renewal adds to LFA's extensive list of affinity partnerships, which include major employee organisations such as UNISON, usdaw , Unite, The Bakers Food and Allied Workers Union, BA Clubs, the Association of School and College Leaders, Prospect and Parliament Hill.

Sian Pullen, Head of Partnerships at CSMA Club commented:  "We are delighted to have renewed the contract with Lighthouse for a further three years and look forward to developing the relationship further."

Malcolm Streatfield, Chief Executive Officer of Lighthouse commented :  "The Board is delighted that LFA has secured this extended partnership with CSMA Club .  We look forward to continuing to develop this strong relationship over the coming three years that has existed since 2007.  The Board remains committed to increasing our affinity partnerships across the UK through our LFA division and to provide expert financial advice across the UK."

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About Lighthouse Group plc

Lighthouse Group plc, listed on AIM since 2000, is the UK's largest autonomous national intermediary providing financial advice to personal and corporate clients via circa 500 experienced advisers located throughout the UK.  Lighthouse is the financial adviser of choice for "middle Britain" and to employees in the SME market.  It is also a leading provider of financial advice to members of major trade unions and other affinity groups.

Lighthouse Group plc operates through three principal divisions, Lighthouse Financial Advice ("LFA"), LighthouseCarrwood ("Carrwood") and Lighthouse Advisory Services ("LAS"). LFA provides financial advice to large employer organisations and unions through affinity relationships, and its clients include Unite, GMB, Prospect, Unison, USDAW and Parliament Hill.  Carrwood is dedicated to providing independent financial advice to high net worth individuals and to corporates. It has working relationships with professional advisory businesses such as accounting firms. LAS is a network business providing regulatory authorisation, professional indemnity insurance, income collection and compliance services to financial advisers operating under their own brands. LAS also has access to the market leading operating system, Lighthouse Fairway, based on a unique integration of two leading software packages, Intelligent Office and Dynamic Planner, which is available to all advisers in the Group.

On 30 January 2014 Lighthouse announced the launch of its Lighthouse Pensions Trust ("LPT") targeting the imminent commencement of automatic enrolment, particularly for UK SMEs, through the Group's Employee Benefits business within Carrwood.

The Group has demonstrated considerable resilience during the pre - and post - Retail Distribution Review period against a backdrop of substantial regulatory and business change. The Group's growth strategy entails operating efficiently through investment in and application of technology investment and risk-rated researched solutions.

The Group aims to increase its relationships with and the benefits it derives from its relationships with affinity groups and professional partners in LFA and Carrwood respectively, Lighthouse operates from its headquarters in London as well as having principal operating offices in Stockport and Woodingdean, near Brighton. 

For more information please visit:http://www.lighthousegroup.plc.uk/

About CSMA Club

The Civil Service Motoring Association was formed in 1923. The intent was to enable Civil Servants with an enthusiasm for Motoring and Motor Sports to enjoy their interests in a 'Club' environment and to gain the benefit of their collective 'buying power' to provide cheap oil & petrol, spares and insurance.

CSMA Club has now grown with a Group turnover of £40 million and a loyal membership of around 300,000. It offers over 50 benefits as well as owning its own portfolio of Leisure Retreats throughout the UK and delivering a programme of Events & activities held specially for members.