Barclays Financial Planning introduces two new pensions products, designed to offer an effective retirement planning application as an alternative to stakeholder pensions. New offer will supply pension investors with facilitated cost implications and comprehensive structure of a full Self-Invested Personal Pension (SIPP).
Both of the new pensions 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 application, comparable with a stakeholder pension, or the choice to diversify their pension assets, including the option of a ‘Select Choice’ fund proposition.
We offer the structure of a stakeholder pension with the option to place pensions assets in something more than a basic UK fund, says David Stuart, director, Investment Advice and Products, Barclays. 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.”
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