Prestbury announces Barclays tie-in

Lee Birkett chief executive at Prestbury Commented:

“We are very pleased to announce our entry into the low risk structured deposits market. We have been in dialogue with Barclays since depolarisation and I am pleased to announce the launch of our product .

Commission will be paid to Prestbury appointed representatives and Prestbury’s FSA Direct Bsuredirect.com advisers.

Barclays have agreed that Prestbury are to be the only FSA authorised Mortgage and GI Network to distribute this product.

"This is an exciting development for Prestbury and the Prestbury Practices. The revenue stream to Prestbury and its advisors will be welcomed and endorses my previous comments that Prestbury Mortgage and General Insurance advisors are the wealth managers of the future," he added.