The two-year work-based study course offers an NVQ in retail financial services and a Securities & Investment Institute-accredited investment administration qualification.
Rensburg Sheppards says it is the first investment management firm in the UK to offer such an apprenticeship and 18 of the firm’s administration staff have enrolled for the October intake.
Training manager Richard Sharp says: “The apprenticeship provides qualifications equivalent to those achieved via further education while offering people the chance to gain financial sector experience and avoid student debt. Offering the course will help promote skills and career opportunities for our employees which will further assist personnel recruitment and retention.”
Financial Services Skills Council director of education Sam Rees-Adams says: “We are delighted by Rensburg Sheppards’ decision to engage with the advanced apprenticeship programme.
“The combination of skills, knowledge and expertise mirrors the FSA’s training and competence requirement and ensures that investment administrators are fully proficient in their roles. We look forward to other investment management firms following this lead.”