Openwork: People who have lost finance jobs should retrain in advice sector

150 trained in 2020

Hannah Godfrey
clock • 1 min read

People who have lost jobs in financial services due to the coronavirus pandemic should look to the advice sector for retraining and future employment opportunities, according to Openwork.

Some 31 trainees are expected to join the Openwork Academy - the network's adviser school - by the end of October, taking the total to 150 trainees in 2020. According to Openwork, the Academy is achieving particular success in attracting people switching to second careers, with the average age of a candidate being 35. Just over a third (36%) of candidates are women. Openwork wealth and platform director Mike Morrow said: "It is a worrying time for many employees across the economy and even in the financial services industry with major banks and insurers cutting jobs. "We are delive...

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