The pilot apprenticeship scheme is been rolled out by Tenet for the experienced candidates for about 5500 advisers at 1800 firms in the forthcoming month. The continuing pilot study undertaken in 10 firms aims to provide training to people who are looking for a career change to become advisers. The program is first intended to train the apprentices to become advisors with the intention of making them ultimately IFAs qualified to chartered status.
The firms who would intend to take the trainees would be offered full fledged support financially and administratively by Tenet and the National skills academy. The apprentice will be required to study for the Cemap qualification and a NVQ in mortgage advice over the year long course.
The development director at Tenet says that one of the major challenges in the financial services is the declining number of advisors. However this project will bring in new blood into the industry. He also added that the system can prove to be costly for small scale businesses but however they would be adequately backed by the National skill Academy.
The firms who would intend to take the trainees would be offered full fledged support financially and administratively by Tenet and the National skills academy. The apprentice will be required to study for the Cemap qualification and a NVQ in mortgage advice over the year long course.
The development director at Tenet says that one of the major challenges in the financial services is the declining number of advisors. However this project will bring in new blood into the industry. He also added that the system can prove to be costly for small scale businesses but however they would be adequately backed by the National skill Academy.