The Chartered Insurance Institute (CII) and Personal Finance Society have announced they are looking for financial advisers and paraplanners to review apprenticeship standards for the profession.

The professional body is working with the Institute for Apprenticeships and Technical Education (IfATE) to find new members for a trailblazer group that will be tasked with reviewing the Financial Adviser and Paraplanner apprenticeship standards to ensure they are “fit for purpose”.

The CII said interested participants will ideally be “experts in the field of financial advice, have a passion for giving back to the profession and be able to review the current apprenticeship standards to consider whether the knowledge, skills and methods of assessment currently used need to change”.

Members of the trailblazer group will need to attend quarterly two-hour-long meetings until the completion of the review/revision process.

The association added that if the review determines revisions are necessary, a working sub-group consisting of five people will be created.

The sub-group would need to meet monthly for two-hour-long meetings for a minimum of six months.

Manuel Thompson-Oloko, the CII’s Early Careers manager, said: “Professional development and supporting access to careers in the personal finance profession is at the heart of what we do at the Chartered Insurance Institute.

“Apprenticeship standards in England encompass an established set of knowledge, skills and behaviours that have been identified by employers within the profession as being essential. To ensure these standards remain modern, relevant and inclusive, we are proud to work with the Institute for Apprenticeships and Technical Education to establish a trailblazer group.”

He added: “It is important to review these standards to ensure the profession’s apprenticeships remain of the highest quality, meet the needs of employers and equip apprentices with the skills needed to assist clients with money matters.”