Foresters enters into strategic partnership with Lighthouse

Tuesday, March 26, 2013

Foresters Friendly Society has entered into a strategic partnership with Lighthouse Group in a move which strengthens their existing relationship.  This new partnership builds on Foresters current arrangement whereby it provides its Tax Exempt Savings Plans via Lighthouse Group to members of trade unions including Unison, Prospect and USDAW.

This new partnership will see the full suite of Foresters products made accessible to Lighthouse advisers including the Child Tax Exempt Savings Plan, Stocks & Shares ISA, Tax Exempt Savings Plan, Guaranteed Savings Plan and 50+ Life Cover policy.  In addition, Lighthouse clients will also have access to the range of member benefits from Foresters including discretionary optical and dental grants, help writing a Will and its new GP Consultation Service.

Neil Armitage, Marketing Director at Foresters said: "We're pleased to be improving our existing relationship with Lighthouse Group through this strategic partnership.  This is a very positive step forward for Foresters as we look to broaden distribution for our products.  As a mutual, our aim is to provide a range of easily accessible, relevant and affordable financial products and the addition of our member benefits package really helps to differentiate our proposition."

Malcolm Streatfield, Lighthouse Chief Executive added: "Lighthouse Group is very pleased to enter into this partnership with Foresters.  Their products will be an excellent addition to our advisers' product offering."