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Barclays brand to replace Woolwich Plan Managers

Woolwich Plan Managers will operate under the Barclays brand from January 2006.

The stuctured product specialist provider is planning to replace all visual representation of WPM with Barclays, its parent firm, but the subsidiary says otherwise there will be no wider impact on the service.

WPM director Colin Dickie says: IFAs will now be able to recommend Barclays branded investment plans to their clients, but despite the disappearance of the Woolwich Plan Managers name, its business as usual. We will however use the opportunity to introduce some new product features and functionality, but essentially we are continuing with the same core range as before”.

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