Released on: December 12, 2008, 4:46 am
Press Release Author: Barclays Financial Planning
Industry: Financial
Press Release Summary: Barclays Financial Planning announce the launch of two new pensions products, designed to offer an effective retirement planning solution as an alternative to stakeholder pensions
Press Release Body: Barclays Financial Planning has launched two new pensions products, designed to offer an effective retirement planning solution as an alternative to stakeholder pensions.
Both of the new offerings combine the traditional elements of a personal pension, with the addition of considerable investment flexibility, making them bespoke to individual clients' needs. Clients can choose either a basic investment solution, comparable with a stakeholder pension, or the choice to diversify their pension assets, including the option of a 'Select Choice' fund proposition.
David Stuart, Director of Investment Advice and Products at Barclays Financial Planning said: "We have launched our new pensions to offer the everyday pensions investor something much more flexible than a stakeholder plan, but without the more complicated structure or cost implications of a full Self-Invested Personal Pension (SIPP). We offer the structure of a stakeholder pension with the option to place pensions assets in something more than a basic UK fund. In current market conditions retirement planning is still as important as ever, and we have seen clients wanting to look at alternative investments which would not be available in a basic stakeholder pension. This new product gives them that option."
Barclays Financial Planning provides access to fully qualified financial planners in any branch of Barclays Bank, who can advise individuals on the pension solution most suitable for their circumstances. As well as pensions advice, Barclays Financial Planning can give advice on all areas of financial services.
-ENDS-
Notes
to Editors:
The two new pensions products are offered through Barclays Financial Planning
by AEGON Scottish Equitable and AXA. Key features for each plan can be supplied
on request.
About
Barclays Financial Planning
Barclays Financial Planning (BFP) provides tailored financial advice on life,
pensions and investment products across a carefully selected range of products
from a range of product providers according to customer needs. Barclays Financial
Planning is one of the largest financial advisers in the UK, with over 700 advisers.
A no obligation financial planning consultation is available to personal, business
and corporate clients, and Barclays Financial Planning advisors have a range
of solutions available for businesses wishing to discuss succession planning.
Customers can contact Barclays Financial Planning through any branch of Barclays Bank, or by calling 0800 587 2024.
Web Site: http://www.barclays.co.uk/financialplanning
Contact
Details: For further media information please contact:
Michael O'Toole
PR contact
Barclays Press Office
1 Churchill Place
London
E14 5HP
020 7116 6145
www.barclays.co.uk/financialplanning