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Tony Vine-Lott to chair National Skills Academy for Financial Services

August 1, 2007

TISA’s Director General Tony Vine-Lott has been appointed to chair the newly created National Skills Academy for Financial Services. The Academy was launched in May 2007 by then-Economic Secretary Ed Balls MP and Skills Minister Phil Hope MP.

The National Skills Academy for Financial Services will set a new standard for excellence in training and skills education in the industry. It will deliver skills training and development from entry level to retraining and continuing professional development by putting employer’s needs at the heart of skills training.

Vine-Lott has been heavily involved in education and skills development throughout his career. He has spent much of the last twenty years in retail financial services, nine of which were with Barclays PLC where he set up Barclays Stockbrokers and was also Chairman of Barclays Trust Bank and Chairman of BISCO – the bank’s IFA and general insurance division. He has also been Chairman of London Stock Exchange, Scottish Regional Practitioners Group (1993-95) and a member of the Private Shareholder Committee of the London Stock Exchange, looking at the development of wider share ownership (1995-96). As Deputy Chairman of the London Stock Exchange, Scottish Regional Practitioners Group from 1991-93, Tony was responsible for skills development in the region.

Vine-Lott is a Fellow of both the Securities and Investment Institute (SII) and the Chartered Institute of Marketing (CIM).

Tony Vine-Lott, TISA Director General, said:

‘I am delighted to have the opportunity to serve the industry in this new capacity. Skills are something that I have always held to be of the highest importance and to be critical to the long term success of our industry. During my time at TISA (PIMA), we have focused on delivering high quality training and workshops on a wide range of topics, to both deepen and broaden people’s knowledge and understanding of the key information and issues impacting their work.

In this appointment I look forward to working closely with employers, training providers and establishments, Government and the Financial Services Skills Council, to enhance and develop the knowledge-base and skills capacity of the industry to help maintain the UK as a premier financial services location in the world.’

For more information:

Tony Vine-Lott, TISA Director General
07790 006108

Iain Anderson, Cicero Consulting
020 7665 9530
07785 507045

Notes to Editors:

1. For more about the National Skills Academy for Financial Services see: www.nsafs.co.uk or email: skillsacademy@fssc.org.uk

2. For more information about the Tax Incentivised Savings Association (TISA), please visit www.tisa.uk.com or email: enquiries@pima.co.uk.

3. Employers wanting to find out more about how to get involved in the National Skills Academy for Financial Services should contact Sylvia Perrins, National Director on 020 7216 7566 or sylvia.perrins@nsafs.co.uk

4. The Financial Services Skills Council (FSSC) is an independent, employer-led organisation, established in 2004 to provide strategic leadership for education, training and skills development for the financial services industry across the UK. It aims to improve productivity and business performance by ensuring that the industry is equipped with the range and level of skills that it needs. The financial services sector is central to the UK economy, generating over 5% of UK GDP and with a turnover of more than £46bn a year. It employs more than a million people in more than 35,000 companies, and affects every single person in the UK. The FSSC sets performance standards for the entire sector, including banking, building societies, insurance companies and brokers, independent financial advisers, investment administration and pensions. See: www.fssc.org.uk

5. The National Skills Academy network will be the new gold standard for industry training, aiming to improve productivity and tackle skills shortages across England. Each National Skills Academy put employers at the heart of skills training for their sector: they influence the curriculum to ensure it reflects employers’ needs; get involved in the Academy’s management; set standards and influence strategic direction. National Skills Academies aim to:
• deliver high quality training for a specific sector
• provide first-class teaching in a modern learning environment
• be centres of innovation and creativity in skills development for their sector
• be flexible, sustaining the closest possible relationships with employers of all sizes
• build specialist networks with a range of other learning providers, so that new thinking, new methods and higher standards are shared to the benefit of learners and employers.
The National Skills Academy network was initiated by the Government to address the need for a world class workforce with better skills than ever before. It is managed by the Learning and Skills Council working in partnership with the Department for Innovation, Universities and Skills and the Sector Skills Development Agency. For more information see: www.nationalskillsacademy.co.uk