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Over 700 apply for financial services apprenticeships

More than 700 apprentices have enrolled for work-based learning programmes with the National Skills Academy for Financial Services in the past 12 months, and a further 1,000 are preparing to enrol.

The Skills Academy offers apprenticeships across financial services that enables students to achieve professional qualifications accredited by the Chartered Insurance Institute, the Securities & Investment Institute and the IFS School of Finance.

Courses cover exams required by the FSA for regulated activities including investment administration, pensions, mortgage, insurance and providing financial advice.

The apprenticeships have been designed by the Financial Services Skills Council with insight from employers across the industry. A core part of the apprenticeship course involves students receiving practical training to meet training and competence schemes, as well as numeracy and business communications.

National Skills Academy for Financial Services national director Sylvia Perrins says: “Apprentices add real value to a business and the fact that over 700 have enrolled this year shows there is a huge demand for them. Not only do apprentices receive technical training, they also learn essential practical business skills. Indeed, this is a qualification developed by the industry for industry.”

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