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FSCS Compensation: Your Questions Please

MSE_Martin · 2008-10-24 22:13:45

Hi folks, I know there are many questions about compensation and what will happen. So far 1. How will the ISA wrapper be operated 2. What will happen to fixed rates (most likely they are gone, as this is a compensation payout not a reinstatement of an account) 3. How will the compensation be paid out And I know there are…

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~Chameleon~ Posts: 11,956 Forumite

9 November 2008 at 8:54PM

But what if you don't want to re-invest the whole amount of your current ISA into another ISA? Depending on which accounts are still available to me at the time we get our money back I was hoping to skim off the interest at least before depositing the net amount into another ISA.

“You can please some of the people some of the time, all of the people some of the time, some of the people all of the time, but you can never please all of the people all of the time.”

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FSCS Compensation: Your Questions Please

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