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Tenet launches mortgage and investment apprenticeships

Tenet, with the Financial Services Skills Council, is launching two apprenticeship programmes for mortgage and investment advisers to help bring new blood into the industry.

Tenet says the apprenticeship scheme is aimed at providing the second career market with a route into financial services.

It will run the programmes in partnership with Derby-based Babington Business College and has obtained Government funding for work-based training, reducing the cost for participating advice firms.

Tenet distribution and development director Keith Richards says: “The Government has often spoken about their intention to support the promotion of the financial services industry, and at last we have an initiative focused on activity and implementation.

“The structured programme, financial support and recognised qualifications are a positive step in attracting quality individuals to the sector and we are pleased to be part of an initiative which supports the industry to recruit and train new advisers for the future.”


Sipp switch took months

Aegon Scottish Equitable has been slammed over its Sipp administration, with an adviser claiming the firm took nearly five months to allow him to change provider.

Planning for the unexpected

IFAs who do not offer business protection insurance are turning their back on a lucrative market and one desperately in need of advice and guidance.

Trust fund

A few months ago in a column for this newspaper, I commented in passing on the way that the banking crisis – and the consequent collapse in confidence by many consumers in the big banks – could have a major and detrimental knock-on effect on other sections of the financial services industry.

Image courtesy of Stuart Miles at

Pension freedom: wish you were here?

Out there lies a warm ocean of desert islands, sun, sand and palm trees, where individuals can choose how and when to tax-efficiently access their pension fund and realise the retirement dreams they have worked so hard for.


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