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Shawbrook bank

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  • InvesterJones
    InvesterJones Posts: 1,345 Forumite
    1,000 Posts Third Anniversary Name Dropper
    edited 12 August 2022 at 10:05AM
    My recollection of IceSave is that it was handled by the Financial Services Compensation Scheme and that savers were given 2 options - an immediate refund or hold on for the full duration of the original investment and that interest was paid. 

    Yep - IceSave is a poor example if trying to show the importance of staying with the FSCS £85k limit - IceSave was outside of such protection, yet savers still got their money back in full.
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