Openwork targets bank staff affected by branch closures

'Ideal candidates' for training

Sophie King
clock • 1 min read

Financial advice network Openwork has said it would be "very interested" to hear from bank and building society staff who have been affected by the recent spate of branch closures across the UK.

Over the last year, the group said, banks and building societies have "closed or plan to close" up to 1,076 branches. Santander was the latest to announce the closure of 140 branches in January, for example - a move that affected 1,270 employees. According to Openwork, the knowledge that bank and building society staff will have built up in areas such as wealth and mortgage advice should be "very attractive to financial groups".  The company added it was looking to grow its adviser count and suggested former bank and building society employees could be ideal candidates for training to...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Andrew Goodwin: It's time for advisers to think differently about innovation

Andrew Goodwin: It's time for advisers to think differently about innovation

'Ours is still a profession that rightly places enormous emphasis on the human touch, relationships and trust'

Andrew Goodwin
clock 04 July 2025 • 4 min read
Altus' Holford urges advisers to reframe concept of advice gap

Altus' Holford urges advisers to reframe concept of advice gap

Traditional models of value, service and delivery are being challenged

Sahar Nazir
clock 04 July 2025 • 2 min read
PA Asks: Do you keep in touch with clients when on holiday?

PA Asks: Do you keep in touch with clients when on holiday?

Plus, targeted support worries and BDMs

Professional Adviser
clock 04 July 2025 • 1 min read