The FSCS - Financial Services Compensation Scheme

The Financial Services Compensation Scheme (FSCS) is the compensation fund of last resort for customers of authorised financial services firms. If a firm is in default or ceases trading, the FSCS may be able to pay compensation to its customers.

The FSCS is independent of the government and the financial industry and there is no charge to individual consumers for using the service.

Further information about compensation scheme arrangements, eligibility and level of coverage is available from the FSCS using its website www.fscs.org.uk