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paul posted an update 11 years, 3 months ago
I Believe Barclays should do the rite thing for their clients, by doing so they will be leading the way for the other banks involved. I have several contracts form different banks and they are all almost the same. The main difference is that the regulations in some country’s are not as robust as those in the U.K.
Barclays are at least prepared to discuss the problem , although if they do not look at this situation with an outside view and continue to evade the issues this will come back to hurt them . the sums of money involved in putting this rite I would assume for Barclays will be under 30 mil , not a vast sum of money for the bank , However an investigation by the fca\fsa I believe will prove much more costly in cash and reputation.
I am a Barclays client my patience is running out . Please Barclays do the rite thing Write to your clients [EVEN IF THEY HAVE MADE OTHER ARRANGEMENTS] and settle this matter. Most clients want to be put back into the same position that they were in prior to entering the scheme..It would not be appropriate for the bank to make a profit [by way of interest] from these clients , They will fight this.
It is obvious to me that Barclays Personnel are not all singing from the same hymn sheet, I have contradictory email etc from other clients of the bank, each one has a different take on the scheme .
I assume that Barclays are monitoring this site ,if not that would truly be poor management .
I would urge any Barclays clients to send an email to Carrie Griffith the Barclays client relations manager who is known to many clients on the costas, Send her a link to this site [ just in case ] The evidence and comments on this site will then be clear for the Barclays senior management to see.
If necessary those clients will be able to use the information contained on this site to further the discussion with Barclays.
THIS IS NOT ABOUT EVADING RESPONSIBILITY IT IS ABOUT TRYING TO MITIGATE INHERITANCE TAX THEN FINDING OUT THAT YOU, WITH THE HELP OF TRUSTED BANKS AND IFAs EVADED TAX AND WERE PUT INTO A SCHEME THAT HAD NO CHANCE OR SUCCESS UNDER ANY SITUATION .OR AT ANY TIME , EVEN INCLUDING THE ECONOMIC CRASH IN 2007.
GOOD LUCK TO ALL