“Barclays has launched an apprenticeship scheme for people over-50s who want a career in banking. The scheme, which will place former middle-aged trainees such as former accountants and maths teachers at the bottom of the workforce with the chance to work their way up, will be advertised in the summer and piloted later this year.
The move comes after older worker’s advocate, Dr Ros Altmann warned more should be done to offer employers incentives to train and retain older workers. It is believed that trainees will learn banking skills including calculating credit risks and according to the Sunday Times, Barclays said over-50 year olds have advantages over apprentices aged 16-24.”
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