halifax deposit bonds

pistunbroke

hi just wondering with all this stuff concerning llyods/rbos going on how safe my money is at present i have a hal/ guar deposit bond for £10000 this is a 12 mth bond +also have a guar investment fund for £40000 this is a 5 yr bond both were taken out in late oct/08 can someone please give me some advice on there security thanks

dunstonh

When you say guarantted deposit bond do you mean fixed term deposit or guaranteed equity bond?

Is the invesmtent fund held in an ISA, unwrapped as unit trusts/Oeics or held under a life assurance tax wrapper?

There is FSCS protection on all the different types but the amounts vary depending on the tax wrapper and tax. Also, in the case of unit linked invesmtents there are further protections due to the nature of how they are held and what they do.

withnell

IMHO Halifax is such a large retail bank the government won't let them fail