Lighthouse boosts recurring income with LVAM launch

The funds will be added to its risk-based multi-manager LighthouseCapital programme. Unveiled last year, LighthouseCapital was introduced to allow the firm’s advisers greater influence over funds under advice, while boosting IFA recurring remuneration rather than initial commission alone. As part of a “strategic partnership” with the adviser group, LVAM’s multi-manager and fund selection team will manage the new funds. The LighthouseCapital range already includes F&C’s Lifestyle funds. “We have been at the forefront of developing a robust end-to-end investment process,” Lighthouse Group...