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Barclays Financial Planning Launches New Flexible Pensions

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's 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 'sSelect Choice's fund proposition.

David Stuart, Director of Investment Advice and Products at Barclays Financial Planning (http://www.barclays.co.uk/financialplanning/financial-planning-home.html ) 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 (http://www.barclays.co.uk/financialplanning/retirement-planning.html ) 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 (http://www.barclays.co.uk/financialplanning/ ) 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 (http://www.barclays.co.uk/financialplanning/saving-towards-retirement.html ), Barclays Financial Planning can give advice on all areas of financial services.

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.

For further media information please contact:

Michael O'sToole

PR contact

Barclays Press Office

1 Churchill Place

London

E14 5HP

020 7116 6145

www.barclays.co.uk/financialplanning

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