The network said its Route to Wealth course was designed to encourage more of its mortgage advisers to move into the pensions and investment arena, enabling them to provide holistic financial planning.
The need for mortgage advisers to have a wider knowledge of financial planning has been highlighted by much of the industry to help support later-life lending in particular.
“Firms and advisers will benefit from expanded knowledge and career development, an increased ability to service pension and investment needs, and embed value in their business with recurring income,” Openwork said.
“A structured training programme, expected to last just under two years, will be provided for nominated candidates with all costs reimbursed by Openwork.”
Demand for mortgage advice
Openwork mortgage director John Cupis (pictured) added: “Over the next 15 to 20 years we are entering an unprecedented period of demand for advice for mortgage and pensions, as customers retire with questions about new pensions freedoms and how to manage their housing equity.
“Whether it is planning for inheritance tax, optimising tax-free savings allowances, managing an interest-only mortgage, planning to transfer wealth to children or grandchildren, the decisions regarding how to retire will become increasingly complex requiring high quality advice.”
Cliff Gray, managing director at Openwork firm Prosperity Financial Services said: “Route to Wealth from Openwork is an easy choice for me to help grow my practice and develop my advisers.”