Coreco goes down apprenticeship route for recruits
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London brokerage Coreco is setting up an apprenticeship scheme in June to attract fresh blood to the broker market.
The initiative is being run under the National Apprenticeships Ser-vice with Orpington College, the firm’s local provider of financial services apprenticeship schemes.
Coreco has already received 30 CVs for two apprenticeship places. The recruits will go through a 12 to 18-month programme for advanced CeMAP while working in Coreco’s offices on a living wage.
Matthew Lowndes, managing dir-ector of Coreco, says the initiative has been fuelled by a lack of qual-ified recruits in the market.
He says: “It’s due to the fact that there was no-one joining the market two years ago. As a result there’s no one looking to take that next step.”
Peter Gwilliam, owner of recruit-ment firm Virtus Search, says: “The key to making this a success is joining up the selection process with training and development programmes.”
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