“Sector Skills Agreements – essentially partnerships between employers on the one hand, and people who develop and fund qualifications on the other – are designed to make sure that UK businesses have the right people, with the right skills levels, to meet their needs in future. 

In our fast-moving and competitive business environment, it is more important than ever that we have motivated and high-performing people in the industry. This means relevant qualifications, and the assurance that industry spend on training offers added value. Employers in the financial services industry tell us that they expect the education system to produce employable people, and they are keen to see less bureaucracy and more value from engaging with the public education sector.

The Financial Services Skills Council will develop a Sector Skills Agreement which will forge closer links between employers and education, and help to ensure that the skills which employers need from their people are the skills they get.”