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Lighthouse picks up another union advice deal

People of different ages and nationalities having fun togetherLighthouse has held onto its contract with the Bakers, Food and Allied Workers’ Union to offer its members financial advice on retirement, mortgages and pensions.

The national IFA, which is branding itself as the “financial adviser of choice for Middle Britain” will be open to the union’s 17,000 workers for another three years until September 2021.

The union, which dates back to 1847, joins the likes of Prospect, the Association of School and College Leaders and BA Clubs, in renewing their deals with Lighthouse in recent months.

Lighthouse, which has around 300 financial advisers, says the deal proves its ability to advise a “diverse and substantial audience”.   

Lighthouse chief executive Malcolm Streatfield says: “[We are pleased] we have secured this contract renewal with the Bakers, Food and Allied Workers’ Union, which provides further endorsement of the quality of service and financial planning support which Lighthouse Financial Advice provides to all participating members of our affinity group partners…The Board remains committed to developing further our affinity partnerships throughout the UK”.         


Parental leave and pensions

Fiona Hanrahan  – Senior Product Insight and Technical Support Analyst We are often asked how parental leave impacts workplace pension schemes in terms of funding in general, auto enrolment and salary exchange. This article will explain each of these. How does parental leave impact the funding of workplace pension schemes? A member of a defined […]


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