View more on these topics

Hargreaves Lansdown expands apprenticeship scheme

Hargreaves Lansdown is expanding its apprenticeship scheme by offering up to 12 new financial adviser apprenticeships over the next two years.

The firms is also aiming to recruit a further 10 experienced advisers nationwide.

The apprenticeship scheme lasts for two years period and will be tailored to each individual apprentice depending on their skills, knowledge and experience. Apprentices will spend time in various Hargreaves Lansdown departments and are required to take financial planning examinations to QCF level four. At the end of the training, apprentices will be encouraged to continue to Chartered Financial Planner Status and QCF level six.

Hargreaves Lansdown Head of Advice Danny Cox says: “The demand for high-quality, service-focussed advice is increasing. The apprenticeship scheme grows our own financial practitioners and is a core part of our adviser growth strategy. This presents exciting and potentially highly rewarding career opportunities within a company within an innovative and client centred approach.”

Plan Money director and adviser Peter Chadborn says: “These types of schemes have been in decline. Traditionally advisory firms have looked to bank based advice or tied advice to an insurance company as a form of apprenticeship. Advisers have then graduated from these to become an IFA. What with recent times and the decline of bank based advice, these type of apprenticeships are no longer going to be available, so the onus is on adviser firms to think differently as to what they are doing.

“Anyone who is thinking of going in to financial services in an advisory capacity has fewer options than they did 12 months ago, certainly by next year they will do. Therefore there needs to be options available within the IFA world.”


IMA: Industry must work together to raise conflict of interest standards

Investment Management Association chief executive-designate Daniel Godfrey says the trade body will work with the asset management industry to raise standards around conflicts of interest. The FSA sent a Dear CEO letter to asset managers last week warning firms are failing to properly manage conflicts of interest that could impact on their clients. Godfrey (pictured) […]

Mona Patel MM blog

Mona Patel: Where are investors putting their faith?

There is still, not surprisingly, a lot of doom and gloom out there when it comes to all things financial. The backdrop remains one of recession, economic uncertainty, markets going the wrong way and general malaise towards and mis-trust of the financial services industry. Where people are engaging in financial transactions it is mainly those […]

Lawyers and trustees locate 85% of missing £52m linked to GP Noble

Lawyers and trustees have tracked down 85 per cent of the missing £52m of pension money linked to GP Noble. Independent Trustee Services, which was appointed by The Pensions Regulator to investigate GP Noble in July 2008, says the assets of the schemes have been traced through a number of jurisdictions including Switzerland, Australia, Thailand, […]


Barclays forced to reveal names of 208 staff linked to Libor-rigging

A High Court judge has forced Barclays to reveal the names of 208 staff linked to attempts to manipulate Libor. The bank will today hand over the names to the legal team of a care home operator, Guardian Care Homes, that is suing the bank for £38m for misselling it complex interest rate derivatives following […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm