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Catch up with the latest press releases from LV=

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LV= launches financial apprenticeship programme

Press release: 06/08/2012

LV= has launched a Financial Services Apprenticeship Programme for customer service teams working within its life insurance and retirement solutions business. The programme is governed by the National Skills Academy for Financial Services (NSAFS), and delivered at LV=’s Bournemouth, Exeter and Hitchin offices.

The programme is tailored to each individual office and its unique requirements and this is the first time a NSAFS apprenticeship has been developed in this way. The apprenticeship aims to develop employees’ technical financial services knowledge in their relevant area of business, and those studying will receive either one-to-one or group study sessions.

The apprenticeship takes 18 months and apprentices who complete the programme will be awarded a Certificate in Financial Services and a CII award in Financial Administration - equivalent to an NVQ level three.

Richard Rowney, LV= Life and Pensions Managing Director said: “We are committed to investing in our current workforce to help them grow in their careers and we hope to attract more talent to LV= by giving people the opportunity to develop with us. Offering this financial training also helps us to maintain a high standard of service.”

Nigel Benton, National Skills Academy Financial Services Executive Director said: “The National Skills Academy is delighted to be working with LV= on this exciting and valuable project. It really shows what can be achieved by committed partners working together. Everyone wins out of this and we are proud to have played our part in making it happen. We wish all of the candidates well in working to achieve their qualifications.”

About LV=

LV= employs over 5000 people and serves around five million customers with a range of financial products. We are the UK’s largest friendly society and a leading financial mutual.

When we started in 1843 our goal was to give financial security to more than just a privileged few and for many decades we were most commonly associated with providing a method of saving to people of modest means. Today we follow a similar purpose, helping people to protect and provide for the things they love, although on a much larger scale and through a wide range of financial services including insurance, investment and retirement products.

We offer our services direct to consumers, as well as through IFAs and brokers, and through strategic partnerships with organisations such as ASDA, Nationwide Building Society and a range of trades unions.

LVFS is authorised and regulated by the Financial Services Authority, register number 110035. LVFS is a member of the ABI, the AFM and ILAG. Registered address: County Gates, Bournemouth BH1 2NF.

About the National Skills Academy for Financial Services

The National Skills Academy for Financial Services is a unique independent employer-led charitable organisation dedicated to growing talent and building professionalism in the UK financial services industry. Its goal is to support future, emerging and existing talent and to ensure the financial services industry is productive and efficient to compete in global markets.

The Skills Academy provides a diverse range of business and talent development support – and all tailor-made for the industry’s needs. Its educational programmes can be accessed in-house, online and locally through the Skills Academy Training Provider Partner Network. As a registered charity, its aim is to provide value-added and cost-effective programmes. Income generated is re-invested in innovative schemes to further support the industry and development of its people across many business areas. For more information, please visit: www.nsafs.co.uk.