Newport-based Niche IFA has given a start to two aspiring financial planners from the financial planning course at the University of South Wales in Cardiff. However, the university has now been forced to drop the course due to a lower than expected take-up from students.
Niche operates its own training scheme and has successfully attracted several students and graduates of the university.
‘The course offered a continuous feed of next generation financial advisers being taught a syllabus aligned to the Chartered Insurance Institute diploma qualification,’ said Niche director Ray Adams (pictured).
‘It was a major step forward for the industry, which meant our next generation could finally go to university and be well on their way to becoming a financial adviser when they graduate.’
One of the graduates, Robyn Aubrey, paraplanner at Niche, said: ‘The placement has enabled me to put my theoretical knowledge of financial planning into practice, while gaining experience.’
Earlier this month New Model Adviser® reported the University of South Wales had been forced to close its Level 4 Financial Conduct Authority (FCA) accredited financial planning course due to a lack of demand.