The Financial Services Skills Council is developing a Sector Skills Agreement which aims to provide solutions to skills issues affecting the performance of financial services businesses.
The FSSC is calling on employers throughout the industry to tell it which skills they want current and future employees to have so it can equip the industry with the workforce it needs.
The outcome of the process - known as the Skills Bill - will be a Sector Skills Agreement in the third quarter of 2007 for England, Scotland, Wales and Northern Ireland, which will set out the skills needed by employers and how they will be funded and supplied.
The employer feedback will be collected through a range of methods, including an online questionnaire and national and local employer forums, while “boarding passes” instructing employers and interested stakeholders how to get involved will be mailed to senior executives in financial services firms.
The research will cover all areas of the industry, including: insurance; financial advice; banking and building societies; investment and fund management; wholesale markets; credit, finance and leasing; and third party administration.
Teresa Sayers, FSSC chief executive, says: “This is an opportunity for the financial services industry to transform the way skills are developed and delivered in the UK. If employers want to ensure that the skills they need from their people are the skills they get, they must get involved now and have their say.”
If you have any comments you would like to add to this story or would like to speak to its author about a similar subject, telephone Emily Perryman on 020 7968 4554 or email [email protected].IFAonline
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