Apprenticeships

Important Notices

 

 


 

 

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'We have chosen FSP Apprenticeships because they offer a unique blend of competence & soft skills, through an NVQ and key skills and also include technical skills through the CII. It's important that our people have these skill sets because we are a customer centric organisation. The apprentice feels valued because it enables them to further their learning and development in the work place'

Steve Wilcox, Head of Underwriting & Technical Development, AXA Insurance

Find out more about using apprenticeships in your business by reading our "New Employer Apprenticeship Brochure".

 


 

About Apprenticeships

Apprenticeships are integrated programmes of learning for apprentices which help them aquire and supply skills, knowledge and understanding required by employers.
Apprenticeships can improve an organisation's productivity and profitability and are an effective means of filling skills gaps in current and future workforces. They are available for both new and existing employees.

Apprenticeships facts and figures

  • The FSP apprenticeships can help employers meet their T&C requirements and fill skills gaps in the organisation.
  • There are currently 255,500 young people on apprenticeships, and over 130,000 businesses offering apprenticeships
  • There are over 180 apprenticeships available in more than 80 sectors of industry and commerce
  • Over one million young people have taken up an apprenticeship in the ten years since their introduction

An apprenticeship is made up of:

  • A Technical Certificate which are professional qualifications and include appropriate exams which are required by the FSA regulator, for certain regulated activities.
  • An NVQ (National Vocational Qualification) or SVQ (Scottish Vocational Qualification), which demonstrates the apprentice's competence in their job role. N/SVQs are based on the FSP employer defined National Occupational Standards (NOS).
  • Key, Core or Essential Skills, which give the apprentice the generic skills they will need in business (e.g. Communication, Numeracy, Problem Solving).
  • Employment Rights and Responsibilities (ERR) which is not formally assessed, but ensures that an apprentice knows the key rights and responsiblities they have whilst at work.

The FSP has developed an Apprenticeship Strategy, which can be downloaded here (pdf).

The Financial Skills Partnership (FSP) has an ongoing Apprenticeship development programme. For more information please contact:

Steven Poss
Education Manager
[email protected]
0845 618 2363

 


 

The ifs School of Finance fully supports the development of Apprenticeships in the financial services industry and is pleased that many firms, particularly in the area of financial advice, are putting learners through the Apprenticeship framework. Apprenticeships combine recognised professional qualifications with practical experience that allows participants to apply this learning to real life scenarios. As a result they enable employers to ensure that their current and future workforces are sufficiently equipped with the appropriate skills, knowledge and understanding.

 

 


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