Barclays is looking to launch a direct to consumer (D2C) discretionary investment service which will provide model portfolios to clients in its relaunched consumer platform proposition.

At present, the Barclays Stockbrokers service helps the lender offer D2C securities and funds dealing, but has been looking to come up with a refreshed offering by the second half of next year, reports Investment Week.

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The relaunched offering will comprise a discretionary wealth management service to offer tailored portfolios for clients depending on their risk appetite.

The new service will offer a single portal for all Barclays products held by customers ranging from investments to mortgages.

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