The scheme is run with training provider Kaplan Financial and includes workplace and classroom-based learning to prepare candidates for financial adviser and mortgage adviser qualifications.
From October, the programme will be open to all Bankhall members and other firms looking to improve staff skills. Members are being encouraged to put forward staff who may work as paraplanners or in administration.
Each participant is assigned a Kaplan assessor to monitor them in a work environment and provide coaching. The aim is for candidates to take the ifs School of Finance or the Chartered Insurance Institute’s qualifications in mortgage advice or financial advice.
Kaplan is accredited by the National Skills Association and the Financial Services Skills Council. The apprentices will be responsible for funding their own registration fees and exam costs but training will be free.
Bankhall managing director of IFA services David Golder says: “Bankhall members have demonstrated their dedication to maintaining high levels of industry qualifications and we anticipate our members will encourage the younger generations to maintain these standards as well.”