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Protect Your Money

We take pride in providing the best security for your assets.

The security of your money is at the forefront of our minds at all time.

You benefit from knowing the Financial Services Compensation Scheme (FSCS) is there for you as a last resort. It’s available to compensate consumers if an authorised financial services provider becomes insolvent or has insufficient assets to meet its obligations to you.

Pension

Where the Pension is a contract of insurance, the maximum amount an investor can claim for under the FSCS, in the event of the operator defaulting, is 100% of the value of the pension. This amount is currently uncapped.

ISAs and Direct Investment in Funds

Each holding with an FCA authorised UK based fund manager on the platform will qualify for protection from the FSCS. Which means, if that fund manager became insolvent and was unable to return your money, you would be protected for 100% of the first £50,000 held by that fund manager.

Platform

The assets you invest are held completely separately from the platform’s own company assets.

The cash on the platform is ‘ringfenced’ from the companies money and held in a client money account usually spread across a number of banks.

Each holding with an FCA authorised UK based fund manager on the platform will qualify for protection from the FSCS. Which means, if that fund manager became insolvent and was unable to return your money, you would be protected for 100% of the first £50,000 held by that fund manager.

UK Life Assurance Bonds

The Life Assurance company that runs the bond would be protected by up to 90% of the claim with no upper limit.

The individual funds within the bond are owned by the Life Assurance Co and so the FSCS protection is divided between all the investors via that life company.

This applies equally to bonds held on the platform and/or individually.

Offshore Life Assurance Bonds

The Life Assurance company that runs the bond would be protected by an equivalent to the FSCS in its jurisdiction e.g.:

Dublin:
FSCS same as UK

Chanel Islands:
Jersey Depositors’
Compensation Scheme

Isle of Man:
Financial Supervision
Commission ISAs and Direct

Guide to Investment Platforms Download

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