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Talks underway for Scottish advice apprenticeship scheme

Talks underway for Scottish advice apprenticeship scheme

Talks are underway to devise a new paraplanning and financial planning apprenticeship scheme in Scotland by April 2018. 

While aspiring financial advisers and paraplanners in England have had access to government-funded apprenticeship schemes in recent years, their counterparts in other parts of the UK have struggled to establish an equivalent due to the devolution of certain educational responsibilities.  

Chris Connelly, head of financial services at Glasgow-based recruitment firm Lusona, has set out to establish a programme to develop new talent in Scotland. Last week, he met with a representative from Skills Development Scotland to begin the process. 

'We look to have made real in-roads into getting a programme up and running for Scotland,' he said. 

'Skills Development Scotland have been running a project to figure out how they can change the qualification framework to establish a certified programme for paraplanners.'

Connelly said initial conversations suggested funding would be available, and he hoped to have a scheme launched by April 2018.

'I am keen to forge ahead over the next ten months or so to go back with a pool of employers who will take on apprentices, along with training providers willing to offer courses to get it up and running,' he said.

'I've been trying for two or three years to get something in place, as those within the profession are getting older and we need an identifiable way to bring new blood in.' 

Connelly is keen to hear from any IFA firm in Scotland that would potentially be interested in taking on apprentices. He can be contacted by email.  

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