The network aims to train the graduates in life and protection sales before placing them in network firms. They will then assist those firms that are struggling to find time for protection sales since mortgage business picked up.
Pink busines development director Jeff Woods said financial servies was an aging industry: “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.”
The network has joined up with LSL’s recruitment team to attract the graduates, with the first selection day planned for 4 October. Successful candidates will then take a four-day course before continuing their training in the field.
Pink will draw on its experience running the Aviva Academy with Aviva, which helped experienced mortgage brokers sell more protection.
More than two-fifths of brokers saw protection sales fall in the summer months, according to a Mortgage Solutions poll.
