Speaking about the charges for the new service, Barclays said there was just one fee and one transaction charge. Barclays is planning to create a new platform, Barclays Direct Investing, next year, in a bid to go up against Hargreaves Landsdown and other rivals by providing a one-stop-shop for its investment and banking services. The bank will also be looking at how it can use blockchain technology to improve the way that people buy financial products such as mortgages or credit cards. CEO of wealth and investments at Barclays Akshaya Bhargava said that "the world of investing can often seem complex and changes to the advice market in the UK have left many people without the help they need to navigate it".
Barclays is planning to create a new platform, Barclays Direct Investing, next year, in a bid to go up against Hargreaves Landsdown and other rivals by providing a one-stop-shop for its investment and banking services. The bank will also be looking at how it can use blockchain technology to improve the way that people buy financial products such as mortgages or credit cards. CEO of wealth and investments at Barclays Akshaya Bhargava said that "the world of investing can often seem complex and changes to the advice market in the UK have left many people without the help they need to navigate it".