Winnard notes the importance of apprenticeships

Taking on over 120 apprentices this year

Taking on over 120 apprentices this year

Lisa Winnard, the director of HR and development at Sesame Bankhall Group, the market leader in financial services distribution, has claimed that helping young people into the advisory profession is becoming popular. Sesame Bankhall Group plans to double its intake of apprentices into its Finance Advise School this year.

This incentive follows the government announcement that apprenticeships will be extended into white-collar professions with the help of a GBP25m fund procured by the department for business, innovation and skills.

Winnard says: “We have always been supportive of apprenticeships, and the Financial Advice School has often been termed as an apprenticeship for the advisory profession. Learning on the job in a working environment can be very beneficial, especially compared to a university career, while the costs of going to university can also be very prohibitive, with some financial services degrees costing as much as £40,000. We are working with the Financial Skills Partnership on a number of initiatives regarding apprenticeships, while we have also received more than 40 enquiries for the FAS this month already.”