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Barclays mulls Asset Protection Scheme, say reports

Barclays has reportedly submitted around £10bn of assets for Treasury assessment as it mulls whether or not to make use of the Government’s Asset Protection Scheme.

The Financial Times reports that the Treasury is poised to start talks with the bank in the next few days to establish whether or not it will enter the scheme before the March 31 deadline.

Royal Bank of Scotland and Lloyds have so far signed up to the APS, with £325bn and £260bn of assets insured respectively.


Inside gang stole £4m from HBOS

HBOS employees were able to by-pass security systems to enter customers accounts and copy confidential details, leading to more than £4 million being stolen, a court has been told.

Make your voice heard on fee rises

The Association of Independent Financial Advisers and the Association of Mortgage Intermediaries are calling on all members to submit responses to the FSA’s 2009/10 fee proposals.

Inheritance Tax, a tax on the wealthy? Urban myth or fact?

By Kim Jarvis, Technical Manager with Canada Life’s ican Technical Services Team. Inheritance tax has been around in some form since 1796. Estate duty dates back to 1894 and over the years this tax has evolved into the inheritance tax (IHT) we know and love today, which was introduced in 1986 as a replacement for […]


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