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Barclays announces 'flexible' pension products

9 December 2008 16:50

Barclays financial planning has unveiled a pair of new pensions aimed at those tired of stakeholder products.

Combining the more typical parts of a personal pension plan but with added investment flexibility, the schemes can be tailored to each individual's unique requirements.

Investors looking to change their plan have the choice of either the bank's basic investment solution, or the option to diversify their assets.

Director of investment advice and products at Barclays financial planning, said that the new plan offered pensions investors a more dynamic option than typical stakeholder schemes, but minus the complexity and cost factors of a self-invested personal pension.

He added that considering the present economic climate, it was more vital than ever to effectively set-out retirement plans and this latest scheme provided customers with a different investment that would not normally be available in a basic stakeholder pension.

Customers with Barclays financial planning are given access to fully-qualified advisers on pension solutions at any of the bank's branches.


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