"I work through Hays, and my current "Umbrella" has been removed from their PSL - forcing me to change to a new one. I find it offensive that Hays have the right to tell me which payment solution to use, but since I do want to stay in my current contract, I have to bow to their demands..."
I do find it amazing in this day and age that people can be literally forced into a situation regarding the security of their finances by another company or risk loosing the contract role.
In a recently publicised article, agencies had suggested that umbrella companies were going direct to end clients, and sidestepping the agencies - however it does seem more likely that the agencies are pushing the contractors' down alternative routes in an attempt to have control over their own finances and to be honest I can't blame them!
As a contractor, if you have similar experiences that you would like to share, then please let me know by emailing me at email@example.com