FSA has announced the transfer of ING Direct UK savings accounts and mortgages to Barclays Bank under the new“Barclays Direct” brand. As a result, some customers may find their total savings with Barclays brands exceed the FSCS limit. To help customers, Barclays has agreed not to impose any fees or charges for making a transfer and that it may compensate customers for any interest lost if the customer chooses to move money to reduce the combined balance of savings with Barclays. Any customer wishing to transfer should do so by discussing it with Barclays Direct before the end of May.(Source: FSA Announces ING Direct Transfer)