Adviser network and support services company Tenet is offering to train new recruits on behalf of member firms before returning them as fully-fledged advisers.
In partnership with the Financial Services Skills Council (FSSC), the Leeds-based company has launched two apprenticeship programmes, meaning members will not have to run in-house training schemes if they do not want to. It adds the offer is also open to non-members on request.
Upon successful completion of the apprenticeship, candidates will have CeMAP and NVQ qualifications on the mortgage side and CF1-5 plus NVQ on the investment side.
Tenet, which boasts investment networks M&E and Interdependence, mortgage and protection network LIME, plus Tenet Support Services and Premier Partnerships, currently has more than 5,500 member firms.
It says the apprenticeship programme has been devised to counter a major contraction in adviser numbers in recent years.
"The Government has often spoken about its intention to support the promotion of the financial services industry, and at last we have an initiative focused on activity and implementation - doing rather than saying," Tenet distribution and development director Keith Richards says.
"The structured programme, financial support and recognised qualifications are a positive step in attracting quality individuals to the sector and we are pleased to be part of an initiative which supports the industry to recruit and train new advisers for the future."
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