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UK Wealth Firms Adapt Battle For Talent

Jackie Bennion

12 February 2021

Using National Apprenticeship Week in the UK to highlight the need for developing a fresh talent pipeline, several wealth managers have announced new training and partnerships to increase visibility in the industry and improve diversity.

adjusted regimes by moving its Level 4 financial planning courses fully online. Most of the other planning modules which the firm offers through its financial advisor school went online last June.

It means that students can qualify in 30 weeks rather than the 47 weeks it took before the pandemic.

“We had always planned to move toward digital learning, but COVID-19 accelerated the process,” Julian Hince, head of training at Quilter Financial Adviser School said.

The move has delivered “outstanding pass rates and technology has allowed for successful remote exams,” he said.

Quilter argues that moving fully online because of the social restrictions has had a “democratising” effect. “We know many people have busy lives, schedules and commitments, but still want to pursue a career change. Through offering the School online we hope to welcome even more diverse cohorts of students keen to become the next generation of financial planners,” Hince said.