Antony Jenkins, Chair of the Institute for Apprenticeships and Technical Education

I have worked in financial services for a very long time and have been privileged to witness first-hand many innovations and changes in the industry, everything from the creation of the credit card industry, the deregulation in the 1980s, the internet boom in the late 90s all the way through the revolution of technology, mobile, digital and more.

Before becoming Chair of the Institute for Apprenticeships, my time with Barclays over nearly a decade including three years as Group Chief Executive and more than 15 years with Citi gave me a unique vantage point on the rollout of modern apprenticeships in the financial sector.

In that time we’ve witnessed incredible growth and the City of London further established as a key international player and the centre of European banking. Financial services across the UK must continue to play a vital role in the economy and we are going to have to be more creative and resilient with the challenges to come.

We enjoyed boom years throughout much of the 1990s, before the 2008 crash led to welcome increased regulation and the relentless march of digitalisation is transforming how we will all work in future.

It has resulted in the need for careful thought about how we formalise training. Any programmes need to be forward looking and able to adapt to new technological developments.

A key part of the answer has been apprenticeships which the Institute has been tasked with developing with employers since its inception in April 2017. New apprenticeships that actually meet the skills needs of employers and that have been designed in partnership with major players including Barclays, Santander, Lloyds, RBS, HSBC, Virgin Money, Nationwide Building Society, Legal and General, and JP Morgan.

Financial services employers understand best the skills needs of our workforce, and what training is required to prepare apprentices for long and rewarding careers. That’s why the Institute challenged them to identify what knowledge, skills and behaviours must be mastered before apprentices get the chance to prove they can really do the job required. They do this through completing rigorous end-point assessments, which were introduced through the apprenticeship reform programme to inject, independent assessment, extra rigour and valuable reassurance to employers over the return on their investment.

There are now a wide variety of apprenticeships available from entry level Financial Services Customer Adviser, which is proving to be extremely popular with over 2,500 starts on the standard in the past two years, to Senior Investment / Commercial Banking Professional at postgraduate level.

In between that there are opportunities to train as a Financial Adviser, Financial Services Professional, in Investment Operations, Mortgage Advice, and an Assistant Accountant.

There have been around 15,000 starts on financial services-related apprenticeships since the Institute launched. The potential for further investment in apprenticeships is virtually endless.

My own company 10x Future Technologies Group currently employs an assistant accountant apprentice and a HR Consultant apprentice.

It’s great to be able to invest in them and I know they are going to be an important part of our future.

The banking industry is becoming increasingly interested with how employers can recoup the money we pay the government through the apprenticeship levy – which can be claimed back to fund apprenticeships training.

Apprenticeships offer training opportunities across your business. There are now almost 500 in total that have been approved for use.

We are anticipating further immense change for the financial services sector. There is much discussion about further digitisation, with big changes to high street banking predicted and artificial intelligence expected to play an increasing role. We are also seeing the growing popularity of neo and challenger banks and green banking with investment in climate friendly business. These all present training challenges that modern apprenticeships are equipped to meet.

I’m incredibly proud of the apprenticeships that have been developed for my sector during my time as Chair of the Institute and look forward to a huge amount of further innovation and development. There has never been a better time to look at what apprenticeships can do for your business. 

Antony Jenkins, Chair of the Institute for Apprenticeships and Technical Education (the institute), Founder and Executive Chair of 10x Future Technologies Group and former Chief Executive of Barclays

You may also be interested in these articles:

Sponsored Video


Upcoming FE Events

Advertiser Skyscrapers

Latest Education News

Further Education News

The FE News Channel gives you the latest education news and updates on emerging education strategies and the #FutureofEducation and the #FutureofWork.

Providing trustworthy and positive Further Education news and views since 2003, we are a digital news channel with a mixture of written word articles, podcasts and videos. Our specialisation is providing you with a mixture of the latest education news, our stance is always positive, sector building and sharing different perspectives and views from thought leaders, to provide you with a think tank of new ideas and solutions to bring the education sector together and come up with new innovative solutions and ideas.

FE News publish exclusive peer to peer thought leadership articles from our feature writers, as well as user generated content across our network of over 3000 Newsrooms, offering multiple sources of the latest education news across the Education and Employability sectors.

FE News also broadcast live events, podcasts with leading experts and thought leaders, webinars, video interviews and Further Education news bulletins so you receive the latest developments in Skills News and across the Apprenticeship, Further Education and Employability sectors.

Every week FE News has over 200 articles and new pieces of content per week. We are a news channel providing the latest Further Education News, giving insight from multiple sources on the latest education policy developments, latest strategies, through to our thought leaders who provide blue sky thinking strategy, best practice and innovation to help look into the future developments for education and the future of work.

In Jan 2021, FE News had over 173,000 unique visitors according to Google Analytics and over 200 new pieces of news content every week, from thought leadership articles, to the latest education news via written word, podcasts, video to press releases from across the sector, putting us in the top 2,000 websites in the UK.

We thought it would be helpful to explain how we tier our latest education news content and how you can get involved and understand how you can read the latest daily Further Education news and how we structure our FE Week of content:

Main Features

Our main features are exclusive and are thought leadership articles and blue sky thinking with experts writing peer to peer news articles about the future of education and the future of work. The focus is solution led thought leadership, sharing best practice, innovation and emerging strategy. These are often articles about the future of education and the future of work, they often then create future education news articles. We limit our main features to a maximum of 20 per week, as they are often about new concepts and new thought processes. Our main features are also exclusive articles responding to the latest education news, maybe an insight from an expert into a policy announcement or response to an education think tank report or a white paper.

FE Voices

FE Voices was originally set up as a section on FE News to give a voice back to the sector. As we now have over 3,000 newsrooms and contributors, FE Voices are usually thought leadership articles, they don’t necessarily have to be exclusive, but usually are, they are slightly shorter than Main Features. FE Voices can include more mixed media with the Further Education News articles, such as embedded podcasts and videos. Our sector response articles asking for different comments and opinions to education policy announcements or responding to a report of white paper are usually held in the FE Voices section. If we have a live podcast in an evening or a radio show such as SkillsWorldLive radio show, the next morning we place the FE podcast recording in the FE Voices section.

Sector News

In sector news we have a blend of content from Press Releases, education resources, reports, education research, white papers from a range of contributors. We have a lot of positive education news articles from colleges, awarding organisations and Apprenticeship Training Providers, press releases from DfE to Think Tanks giving the overview of a report, through to helpful resources to help you with delivering education strategies to your learners and students.


We have a range of education podcasts on FE News, from hour long full production FE podcasts such as SkillsWorldLive in conjunction with the Federation of Awarding Bodies, to weekly podcasts from experts and thought leaders, providing advice and guidance to leaders. FE News also record podcasts at conferences and events, giving you one on one podcasts with education and skills experts on the latest strategies and developments.

We have over 150 education podcasts on FE News, ranging from EdTech podcasts with experts discussing Education 4.0 and how technology is complimenting and transforming education, to podcasts with experts discussing education research, the future of work, how to develop skills systems for jobs of the future to interviews with the Apprenticeship and Skills Minister.

We record our own exclusive FE News podcasts, work in conjunction with sector partners such as FAB to create weekly podcasts and daily education podcasts, through to working with sector leaders creating exclusive education news podcasts.

Education Video Interviews

FE News have over 700 FE Video interviews and have been recording education video interviews with experts for over 12 years. These are usually vox pop video interviews with experts across education and work, discussing blue sky thinking ideas and views about the future of education and work.


FE News has a free events calendar to check out the latest conferences, webinars and events to keep up to date with the latest education news and strategies.

FE Newsrooms

The FE Newsroom is home to your content if you are a FE News contributor. It also help the audience develop relationship with either you as an individual or your organisation as they can click through and ‘box set’ consume all of your previous thought leadership articles, latest education news press releases, videos and education podcasts.

Do you want to contribute, share your ideas or vision or share a press release?

If you want to write a thought leadership article, share your ideas and vision for the future of education or the future of work, write a press release sharing the latest education news or contribute to a podcast, first of all you need to set up a FE Newsroom login (which is free): once the team have approved your newsroom (all content, newsrooms are all approved by a member of the FE News team- no robots are used in this process!), you can then start adding content (again all articles, videos and podcasts are all approved by the FE News editorial team before they go live on FE News). As all newsrooms and content are approved by the FE News team, there will be a slight delay on the team being able to review and approve content.

 RSS IconRSS Feed Selection Page