Does the advice market need an industry-led apprentice scheme?

Does the advice market need an industry-led apprentice scheme?

Carmen Reichman
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Young people from a broader variety of backgrounds are breaking into fund management through the Investment 2020 apprentice programme. Should the advice profession follow a similar path?

Bringing fresh talent to the advice profession is an ongoing challenge but could a nationwide apprentice scheme, similar to that championed in the asset management space, be the solution? The fund management world's answer to the problem of staff diversification was the establishment of Investment 2020, a united industry-led scheme aimed at sidestepping the traditional Oxbridge-led graduate schemes to reach out to youngsters from a variety of backgrounds. Investment 2020 turned one last week and announced it has, so far, signed up 20 firms and created 87 trainee jobs, with 120 new rol...

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