With a multitude of academies – do they still have a place? In the March 2021 UK budget, chancellor Rishi Sunak announced that grants for apprenticeships would increase to £3,000 ($4,173, €3,497) from £1,500, as well as a £126m additional investment in traineeships. This will help companies bring in young people to their workplace and has been well-received by the financial advice industry. Ben Griffiths, financial planner at Lewis Brownlee, said: “Any initiative that actively encourages people to find out about and enter the profession can only be a good thing. “The easier it is financially, to explore and enter the profession, the greater the awareness of the industry will be. As advisers, we believe we should welcome any measure that lends itself to this.”