FSP Apprenticeship framework
Frameworks are used by colleges, employers and training providers to ensure that apprenticeship programmes are delivered consistently and to national standards. The framework includes all qualifications and their credit value. It also gives guidance regarding entry requirements, completion time and careers paths.
We have developed a number of frameworks to support employers in finance, accountancy and financial services to recruit and develop talent. There are three levels of apprenticeships:
- Level 2 apprenticeships are equivalent to GCSEs, A* to C grades, Scottish Standards Credit Grade and other equivalent level qualifications.
- Level 3 apprenticeships are equivalent to A’ Levels, Scottish Highers and other equivalent level qualifications.
- Level 4 are equivalent to HNDs, Foundation Degrees and other equivalent level qualifications.
| Nation(s) | Level | Apprenticeship | Who is it for? |
| England |
4 | Accounting View Diagram Feature |
These apprenticeships will enable people to become a qualified accounting technician or accounts manager. |
| Wales | 4 | Accounting | |
| Scotland | 4 | Accounting View Diagram |
|
| England |
4 | Providing Financial Advice View Diagram |
This apprenticeship will enable people to become a qualified financial adviser, either independent or restricted advice on particular investment products. |
| Wales | 4 | Providing Financial Advice | |
| Nation(s) | Level | Apprenticeship | Who is it for? |
| England Northern Ireland |
3 | Accounting View Diagram |
This apprenticeship is suitable for people who are hoping to or are currently working in roles including trainee accounting technician or an assistant accountant. |
| Wales | 3 | Accounting | |
| Scotland | 3 | Accounting View Diagram |
|
| England Northern Ireland |
3 | Bookkeeping View Diagram |
This apprenticeship will enable people to become a qualified Bookkeeper. |
| Wales | 3 | Bookkeeping | |
| England Northern Ireland |
3 | Payroll View Diagram |
This apprenticeship is suitable for people who are hoping to or are currently working in roles including payroll supervisor, assistant payroll manager or payroll team leader. |
| Wales | 3 | Payroll | |
| England Northern Ireland |
3 | Providing Financial Services View Diagram |
These frameworks have a number of pathways to choose from and can lead into a range of careers including trainee underwriter, trainee claims official, trainee broker or sales representative, senior bank cashier, senior customer adviser, foreign currency adviser, corporate actions and settlement adviser, pension administrator or pension team leader. |
| Wales | 3 | Providing Financial Services | |
| Scotland | 3 | Providing Financial Services View Diagram |
|
| England Northern Ireland |
3 | Providing Mortgage Advice View Diagram |
This apprenticeship will enable people to become a qualified Mortgage Adviser, working with clients to explain mortgage products and analyse their financial situation and recommend an appropriate product. |
| Wales | 3 | Providing Mortgage Advice | |
| Nation(s) | Level | Apprenticeship | Who is it for? |
| England Northern Ireland |
2 | Accounting View Diagram |
These apprenticeships are suitable for people who are hoping to or are currently working in roles including accounts assistant, cashier, credit control clerk, finance assistant, purchase ledger clerk or sales ledger clerk. |
| Wales | 2 | Accounting | |
| Scotland | 2 | Accounting View Diagram |
|
| England Northern Ireland |
2 | Bookkeeping View Diagram |
This apprenticeship is suitable for people who are hoping to or are currently working in a bookkeeping assistant role. |
| Wales | 2 | Bookkeeping | |
| England Northern Ireland |
2 | Payroll View Diagram |
This apprenticeship is suitable for people who are hoping to or are currently working in roles including payroll assistant, payroll clerk or trainee payroll administrator. |
| Wales | 2 | Payroll | |
| England Northern Ireland |
2 | Providing Financial Services View Diagram |
This framework has a number of pathways to choose from and can lead into a range of careers including insurance underwriting, claims handling administrator, broking administrator, banking cashier or banking call centre adviser. |
| Wales | 2 | Providing Financial Services | |
| Scotland | 2 | Providing Financial Services View Diagram |