Unemployed graduates to train as IFAs

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The Financial Skills Partnership (FSP) is to launch a plan to train 150 unemployed graduates as financial advisers.

Entrants on the course, which begins next month in six cities across the UK, will receive ten weeks of training for investment advice exams, before a six-month paid placement at an advice firm. Liz Field, chief executive of the FSP, said a lack of work experience was often a barrier to entering financial services. "We have managed to pull together large employers who are providing the training material and the training," she told the FT. "Everyone we've spoken to sees this as important for their own success, but also as a means of helping young people. There is a large number of un...

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