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The first £35,000 you have saved per financial institution is protected
AlanTeddington
Posts: 1 Newbie
The first £35,000 you have saved per financial institution is protected."
Does this statement apply to Internet accounts as well as acounts with a High Street Site?
Does this statement apply to Internet accounts as well as acounts with a High Street Site?
0
Comments
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Yes
as long as they are part of the Financial Services Compensation Scheme Former MSE team member0 -
Alan
Here is a link to the article that should explain it for you.
http://www.moneysavingexpert.com/savings/safe-savingsI beep for Robins - Beep Beep
& Choo Choo for trains!!0 -
It also only applies to savings.
Investments and life assurance based investments have different limits.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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