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Wig sets up site to help women become advisers

The Women&#39s IFA Group is building a trainee database of women who

want to become financial advisers.

Wig is launching the facility on its website which will allow women

who want to train as advisers to store their details online.

Employers from any firm can access the database, which will include

CV details and the type of job sought.

The women joining the site are looking to move from admin to become

advisers and some have FPC qualifications.

The facility has been set up in response to calls and emails to

Wig from women looking for career advice on getting into financial

services.

Fiona Price and Partners managing director and Wig chairwoman Fiona

Price says there are many women prepared to retrain although it means

they will reduce their incomes.

Some of the women are willing to do unpaid work experience for

several months as paraplanners.

Price says: “Recruitment is a very important and much neglected area

in independent financial advice.

“Our firm takes the grow your own approach to its own advisers. In

the past, many advisers gained their training in life offices or in

sales teams but more are now coming through from the admin

departments of financial advice firms.”

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