Lighthouse and Money on Toast to launch online advice service

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Listed advice firm Lighthouse Group has teamed with Money on Toast to create a 'cost-effective' focused investment advice service to be delivered online.

The service will see Lighthouse offer online advice on straightforward ISA and general investment account planning. The service will be trialled on members of two of Lighthouse's affinity partners for six months before being rolled out to other affinity groups, chief executive Malcolm Streatfield (pictured) said. Lighthouse remains committed to offer face-to-face financial advice to those who require broader financial planning assistance, he added. The online advice process will identify clients' investment objectives, risk attitude and capacity for loss and match them with appropr...

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