Sesame to launch IFA school

Sesame is to launch an IFA school aimed at getting “new blood” into the industry.

The network is planning to start a pilot for the school this summer and is aiming to take on 20 trainees. It would seek to get them qualified to QCF level four within two years.

The school will particularly target people who already have work experience, either in financial services or another sector, rather than graduates.

The network says trainees would be paid a salary, either funded by the member firms who take them on or by providers wishing to sponsor the scheme.

Sesame managing director Nick Kelly says: “We are trying to find a way of getting new blood into the sector, not just by recruiting students, but also those returning to work or hoping to move into the IFA space from another industry as we think many consumers would prefer to talk to someone with life experience.

“It is also a way of helping members to grow their businesses without them having to spend huge amounts of money on recruitment.”

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Comments

There are 6 comments at the moment, we would love to hear your opinion too.

  1. It would be only fair to warn new entrants to financial services that directly authorised firms and individuals must sign away the protections afforded by limitation laws to all other UK residents.

  2. “New blood”, For the vampires?

    It is now written in stone that most of the networks and large IFAs will fall over within a few months.

  3. ……lol. This network can’t even provide their own advisers with free training and study material….lol. Why do they always infer they are giving things for free.

  4. lol! probably because they want to be like simply biz with their not for profit new model business academy which is available to non sbs members to help current advisers gain Chartered Status- it’s always easier to imitate rather than innovate.

  5. Interestingly the ‘New Model Business Academy’ is also open to anyone interested in continuing to increase qualificatin levels or who may wish to begin qualify to join the industry and is entirely free to register. Unlike the Sesame offer the ‘NMBA’ isn’t linked to Simply Biz or their member firms and there are no strings to make you join them – just an offer of support to all ifa’s. If only there was more of this type of support available….

  6. When did grown up financial services bods start using internet abreviations commonly associated with teen girls? LOL – come on guys!

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