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...

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

Zero cases of non-financial misconduct opened by FCA in two years

Zero cases of non-financial misconduct opened by FCA in two years

A Freedom of Information request has found

Cristian Angeloni
clock 22 April 2025 • 3 min read
HL co-founder Peter Hargreaves to rejoin board after £5.4bn takeover

HL co-founder Peter Hargreaves to rejoin board after £5.4bn takeover

Co-founded platform in 1981

Linus Uhlig
clock 22 April 2025 • 1 min read
London's millionaire exodus: Advisers will 'undeniably' see wealthy clients move abroad

London's millionaire exodus: Advisers will 'undeniably' see wealthy clients move abroad

Labour's budget ‘main reason' for latest UK exits

Isabel Baxter
clock 17 April 2025 • 6 min read