Barclays Wealth 'setting up IFA product development panel'

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Barclays Wealth 'setting up IFA product development panel'

Barclays Wealth, which is an offshoot of the major banking chain, has announced that it has set up a panel of independent financial advisers in a bid to more meticulously regulate and research any new packages the organisation devises.

Overall, 70 different IFAs have been selected by the bank as part of a recent exercise in product consultation. They will offer feedback, advice and suggestions as to possible changes to new Barclays Wealth packages in the future.

Director of Barclays Wealth Colin Dickie explained: "IFAs are extremely important to our business and it is crucial that we continue to develop products which they - and their clients - really need."

He added that their assistance will ensure that the firm can remain in step with the requirements of consumers and the current market.

Barclays Wealth aims to help its clients by providing guidance when it comes to their finances and employs over 6,900 individuals in 20 countries.

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