+44 (0) 191 217 0775
The Credit Services Association (CSA)
CSA dismisses IFS report as an unfair portrayal of new Apprenticeship Levy
The Credit Services Association (CSA), the voice of the UK debt collection and debt purchase sectors, also disagrees with the IFS claim that increasing the number of apprentices ‘could sacrifice quality for quantity’.
Fiona Macaskill, Head of Learning and Development at the CSA, says that the report is both unhelpful and misguided: “It fails to take into account the boost it will give to some of the more under-invested areas of the financial services community,” she explains, “and in particular those working in collections and credit management.
“Perhaps what people don’t realise, is that there is no upper age limit to an apprenticeship, and neither are this new generation of apprentices necessarily starting at the bottom rung of the ladder. The levy is not an excuse for channelling current training investment into apprenticeships; it provides an opportunity of creating something genuinely ‘new’.”
Benefits to learners and employers - click to enlarge
Fiona says that as long as the employee is gaining substantive new skills and the training is materially different from any other training previously provided, then they qualify: “It allows employees not only to move up but also across your business into new areas and with new opportunities to develop. The levy will raise the employer’s commitment to – and awareness of – training and development, and provide them with more control of the design and quality of the apprenticeship training that is delivered.”