Financial Services Compensation Scheme
The Financial Services Compensation Scheme (FSCS) is the primary protection scheme for consumers in the UK holding investments, pensions or long term life assurance plans.
The scheme covers up to:
£48,000 per investment such as Unit Trusts, Open Ended Investment Companies (OEIC’s) and investment based ISA’s.
100% of the first £2,000 plus 90% of the balance on all pensions and life assurance contracts including investment bonds.
For further information on the FSCS click on the following link to the relevant page of their website: http://www.fscs.org......he_scheme/compensation_limits/