View more on these topics

Pink to train graduates for life and protection markets

The Pink Network is to run a graduate training scheme to bring new talent into the financial services industry, with the first selection day to take place on 4 October.

Since August Pink has been using the LSL recruitment team to attract graduates to the scheme and so far the network has been ‘inundated’ with applicants.

The graduates will receive training from Pink in the selling of life and protection to help mortgage firms who are currently focused in other areas, before being placed within network firms where they will be supervise by Pink representatives for the initial three months.

The scheme is based on the Aviva Academy that Pink has run in partnership with Aviva in the last year for brokers who wish to grow their protection sales.

Initially the scheme will take on six graduates before growing to meet demand from adviser firms for life and protection sales business. All successful participants will, at a later stage, be required to undertake the CeMap qualification.

Pink business development director Jeff Woods says:  “Financial services is an aging industry with the average age of advisers in most firms across the industry at about 50.  At Pink we think it is essential to bring in some new blood; we also think it is vital to increase the number of people who are trained to sell protection at a time when government benefits are lower than ever but protection sales are falling.

“Pink’s graduate training scheme will bring young graduates into the industry, provide them with great training, both in the classroom and in the field and will do its part both to help our network firms and to reduce the protection gap.”


MS Leader: Bubble and bubbly

Despite talk of a housing bubble forming in London last week, that did little to dampen the general mood at the Intermediary Mortgage Lenders Association’s annual bash in London last week. This year’s event was back at the Sheraton Park Lane Hotel, the same venue for the event a couple of years ago when the […]

Clarion’s Prosser injunction move dismissed

Mortgage Strategy understands that Mortgage Business Expo organiser Clarion Events’ application for an injunction against Financial Services Expo organiser James Prosser was dismissed last week. Clarion Events sent out a press release the week before revealing that it was seeking an ”urgent order of the court in relation to duties owed by the former employee to […]

PruProtect widens SIC schemes with new conditions and cashback

PruProtect is enhancing its serious illness cover to include a number of new conditions alongside a new cashback rewards programme based on a client’s health score. The Vitality Optimiser scheme will be offered on its PruProtect and Essentials plan and provide rewards for those who look after their health through the Vitality programme. Benefits include an […]


News and expert analysis straight to your inbox

Sign up