Ex-bank advisers to fill the void as Lighthouse sets out expansion plans

Chief executive Malcolm Streatfield (pictured) said the firm plans to take on about 100 advisers this year, followed by a similar number in the next, to work in its affinity partnership-focused advisory business. The firm invested £1.2m in developing the business over the last year and now has "the ability to take on 180 new recruits without spending more on infrastructure", Streatfield said. The firm previously said it was working towards an 'LFA 500 objective', meaning it planned to reach 500 advisers by 2015. However, Streatfield said the firm was now "not fixated by time", nor was...