Showing related tags and posts accross the entire site.
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Not much movement as yet in terms of how I get my money back from Icesave. Last week the Financial Services Compensation Scheme website said that they were hoping to get the arrangements sorted out by the end of the week. Now its next Friday. I did enjoy reading the Treasury announcement about the UK...
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Alistair Darling has said that he would ensure that the 300,000 UK savers with Icesave get their money back. H e has decided in these exceptional circumstances that we will stand behind those depositors so they get all their money back. Arrangements are also being put in place to ensure that all ISA...
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So I was right to be worried about where the money was going to come from to cover the Icelandic compensation scheme. It appears the cupboard was bare and the Icelandic Government have been quoted by the Chancellor as having no intention of meeting their obligations. Isn't that the point of an obligation...
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20 th October – Kaupthing compensation forms to be sent out The FSCS has confirmed that it is now sending out compensation forms to individual savers whose savings were not transferred to ING Direct. The FSCS is also sending compensation forms to 2,000 business account holders. The FSCS has stated...
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According to various reports, it appears that Iceland has no funds in its compensation scheme to repay UK savers with Icesave. Alistair Darling has just stated on television that although Icesave is a foreign bank, and there was therefore no obligation to cover the deposits, because we are in exceptional...
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I've checked this with our Savings Research Team and they have informed me that it is legal. The terms and conditions of the bond state no withdrawals or earlier access is permitted, which is common with fixed rate bonds. That's why the rates can be so high. Not sure what position is now re....
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I have, or rather had, an icesave bond which unfortunately wasn't due to mature until november. Earlier this year I tried to take the money out of this bond and accept the losses in interest. I was unable to do this as I was told this bond could not be touched at all until maturity. Is this corrct...
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You are only permitted to open one ISA account per tax year. If you have opened the Icesave account in a previous tax year then you would only be permitted to open an account with another provider if you have paid no money into the account this tax year. Normally you are able to transfer funds between...
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I have an ISA with Icesave which is in liquidation as of yesterday. can I therefore open an ISA with another institution? please advise.
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What protection do small Ltd Co. Businesses receive under the FSCS?
