“It’s interesting to note that the Irish banks, particularly those owned by the taxpayer, AIB and Bank of Ireland in particular, are not offering this service,” she said. B&Q parent Kingfisher and a number of other big retailers have written to the Department of Finance over concerns that if Brexit results in the loss of passporting, SAYE schemes administered through Yorkshire Building Society could be closed. The letter from the companies said they were concerned about “potential negative effects on their business models” as well as “the impact this would have on customers who rely upon these schemes”.
B&Q parent Kingfisher and a number of other big retailers have written to the Department of Finance over concerns that if Brexit results in the loss of passporting, SAYE schemes administered through Yorkshire Building Society could be closed. The letter from the companies said they were concerned about “potential negative effects on their business models” as well as “the impact this would have on customers who rely upon these schemes”.