The Broker Network has launched a graduate training scheme after criticising the industry for being "too slow on its feet" to address the skills crisis.

The scheme, Career Start, will offer places to under-graduates who wish to take a year out of their course.

Broker Network chief executive Grant Ellis, said he had launched the scheme because he had grown tired of waiting for the industry to act.

He said despite the CII being committed to attract young professionals to the industry, it would be "some time" before brokers would see the benefits.

Ellis said: "The industry is moving on this, but I was finding it hard to recruit graduates. Waiting for others to act is not good enough."

The scheme offers four students, taking a year out of their four-year business course, the opportunity to experience working life in all divisions of Broker Network's headquarters.

The undergraduates will then be offered monthly retainers when they return to university to tempt them back to work for Broker Network once they have graduated.