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NU backs education scheme

Norwich Union is to become a partner in a project to create a National Financial Services Academy as part of its plan to support local education.

There will initially be three centres with one in Norwich, where the insurance giant employs about 10% of the student body. NU hopes the Norwich centre will boost the calibre of potential employees.

The other centres will be in London and Manchester.

Kerry Jones, HR recruitment manager specialist at NU, says: “We are delighted to welcome the NFSA to Norwich and support this initiative.

“NU is committed to working with local educational institutions to provide support and insights into working in a large organisation while studying for qualifications.

“We provide opportunities for all types of roles in financial services, from customer services to specialist teams such as marketing, finance and information technology, and see this as a chance to work with the NFSA to attract people to Norwich and offer them outstanding careers.”

Other employers signing up for the NFSA scheme include Nationwide. The centres will provide vocational education and training in all aspects of financial services, with each concentrating on a specific sector. One of these will be the mortgage market.

Education secretary Ruth Kelly and Alan Johnson, trade and industry secretary, unveiled the scheme last week.

Kelly says: “In the past, government has let down employers when it has tried to second guess what sectors need. But equally, employers have been guilty of watching government initiatives from the sidelines and expressing disappointment when they inevitably end up wide of the mark.”

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