The PFS has teamed up with Pearson to create a pathway into a career in the financial advice profession.
Pearson’s BTEC Enhanced Diploma in Business is now recognised by the Chartered Insurance Institute (CII) as a Level 3 qualification that can act as a bridge to the professional body’s qualifications such as CF1.
This recognition means that 15,000 students studying the BTEC Enhanced Diploma in Business – which is equivalent to three A Levels – will learn how they could go on to study to enter the personal finance profession.
In the next academic year, the PFS and Pearson will target about five colleges with about 400 students, with information about how they can take their BTEC qualification, complete other CII examinations and get a job in the personal finance sector.
Once this pilot is completed, the PFS and Pearson will look to roll out a career map into financial advice to all colleges offering the BTEC Enhanced Diploma in Business.