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Financial Skills Partnership and Skills for Justice merge

Organisations to keep their own identities

3 April 2013

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By Manju Manglani, Editor (@ManjuManglani)

The UK’s Financial Skills Partnership (FSP) and Skills for Justice (SfJ) have merged.

The merger, which became effective on 1 April 2013, joins together the sector skills council for the accounting, finance and financial services sector with its counterpart for the legal services, justice and community safety sector.

The two bodies will keep their own identities, chairmen and CEOs.

The move is intended to reflect recent changes that have affected the financial and legal sectors, most notably the Legal Services Act 2007.

Said Trevor Matthews, chairman of FSP: "We are keen to simplify the skills system and to encourage employers to take greater ownership of the skills agenda.

“This merger will allow both sectors to forge ahead with a joint vision for employer-driven vocation-based training which will help both sectors develop the skills they need to rise to the challenges of an increasingly competitive future".

SfJ’s CEO, Alan Woods, said: “For both the financial and legal sectors, it is a win-win situation, with the potential for all employers to become more competitive through visionary, progressive skills strategies.

“There is no doubt in my mind that, by tapping into these obvious synergies, the newly-merged organisation will be far greater than the sum of its parts. It will be able to pool its know-how, have greater resources and be more effective in raising investment. The merger will enable it to develop even better products and services which will benefit small, medium and large employers across both sectors.”

Added Sir Duncan Nichol, chair of SfJ and group chair of JSSC, which comprises SfJ, SfJ Enterprises and FSP: “Ensuring ample provision of skills that are relevant, up-to-date and transferable will also help unlock the potential of the many smaller and medium-sized firms and companies that form the backbone of both sectors, help them to grow and thereby help their sector as a whole to thrive and expand.”

Sir Duncan continues in his current roles at SfJ and JSSC. Woods continues as CEO of SfJ and becomes group CEO of JSSC, within which FSP will operate. Liz Field remains as CEO of FSP and becomes the executive lead for legal services.

The group of companies will retain bases in Sheffield and London, in addition to existing operations in Northern Ireland, Scotland and Wales.

 

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