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FSCS launches new tool

The Financial Services Compensation Scheme (FSCS) has launched a new tool this week to help savers to see whether their savings are protected. 

Established in 2001, he FSCS offers free and automatic protection for your savings, up to £85,000. If anything happens to your bank, building society or credit union, the FSCS automatically refunds savings up to £85,000 within 7 days. You won't have to do anything. 

98% of the UK population have less than £85,000 in savings and are covered by the £85,000 protection limit.  If you have more than £85,000 and are however worried about your pension, call our helpline on 0845 601 2923 to talk it through with one of our advisers.  

To read more about the FSCS and use the new tool, click here.  

To read more about the security of pensions on our website, click here.  

If you have any questions about any aspect of pension saving, please contact us using one of the following methods.  

  • Call our helpline on 0845 601 2923
  • Talk to one of our advisors online here.
  • Use our web based enquiry form here.
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