Your Industry  

FSP launches guild to attract young people

The financial services industry should support young people and encourage them to consider a career in the sector, Liz Field has claimed.

Speaking at the launch of the 21st Century Guild in London, the chief executive of the Financial Skills Partnership said financial businesses had a chance to change their image.

She said: “This is an opportunity for the industry to change the way they are viewed, by helping young people in the skills they need and by educating people about their career choice.”

Article continues after advert

The FSP is looking for companies in financial services to support many activities that help young people gain an interest in the sector, such as delivering career workshops, visiting schools and organising ‘virtual’ placements.

Ms Field said: “The guild takes the concept of the traditional guilds by providing a community and bringing the world of business and young people together to give them skills and opportunities across the industry.”

However, the main difference is the use of technology, creating a ‘virtual’ guild that connects people across the country.

The Lord Mayor of the City of London, Alderman Roger Gifford, who launched the event, said: “The City of London Corporation is committed to making sure the City is a global financial centre by creating jobs and prosperity across the country.”

He claimed the 21st Century Guild would help 800 people obtain jobs. He added: “An additional £3.2m has been contributed for grants to local authorities working with voluntary sector partners to help young people.”

Adviser view

Neil Parker, director of County Durham-based Joslin Rhodes, said: “We tried to take on an apprentice last year, but the entry-level course needed for financial services was not offered by any colleges in the North East, so we couldn’t help. It’s important that educational institutions play their part in offering the necessary qualifications that allow advisory firms to recruit young people.”