If you have an investment (or you were advised to invest) and the provider or adviser has gone out of business, you may be able to claim compensation with FSCS. Whether you already have an investment or are thinking of investing, you should check that it’s FSCS protected.

Compensation limits

If the firm failed after 1 Apr 2019 - up to £85,000 per eligible person, per firm.

If it failed between 1 Jan 2010 - 31 Mar 2019 - up to £50,000 per eligible person, per firm.

If it failed before 1 Jan 2010 - 100% of the first £30,000 and 90% of the next £20,000 up to £48,000 per eligible person, per firm.