Majority of advisers plan to take on apprentice in 12 to 18 months

The NMBA reported 170 firms trained apprentices through its programme since January 2018 and 75 of those started since this April.   This followed the government's scheme to provide financial incentives of up to £9,600 to employers to train financial advice apprentices launched in late 2016. NMBA joint managing director Richard Ardron said the upsurge was a direct response to the government's revised apprentice standards. "I think there's always been an interest in apprenticeships and training in the finance industry and the catalyst has been the change in regulation around funding...