Dec 10 2008
People saving for retirement may welcome the launch of new flexible pensions by one financial services provider.
Barclays Financial Planning has revealed that it is introducing new offerings which combine the traditional elements of a personal pension with increased opportunities for personalisation.
Consumers can opt for with a basic investment solution, which the firm compares to a stakeholder pension, or to diversify their pension assets.
Commenting on the development, 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."
In other news which may be of interest to those saving for their post-work years, AXA recently launched a set of online planning tools to help consumers manage their finances and plan for their retirement.
