Barclays Financial Planning launches new flexible pensions

Barclays Financial Planning announces the launch of two new pensions products, designed to offer an alternative to stakeholder pensions.

Both new offerings combine the traditional elements of a personal pension, with the addition of considerable investment flexibility, making them bespoke to customers' needs. People 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 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 it is still as important as ever to plan for retirement, and we have seen customers 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.

For further information, visit barclays.co.uk/financialplanning