Many savers assume that spreading money across accounts automatically increases protection. But FSCS works per eligible firm, ...

The deposit protection checker allows consumers to enter the details of their savings accounts and where they are held so they can see whether their savings are protected under the FSCS. If the ...

The FSCS has increased the level from £85,000 to £120,000 per bank - but many savers still don't realise crucial limits apply ...

Via FSCS, if a bank or building society fails and cannot pay back a person's money, the customer can get automatic compensation. This is if the firm failed after January 1, 2017. Compensation is of up ...

The Financial Services Compensation Scheme (FSCS) has unveiled a new consumer-facing online tool which tells investors the degree to which their savings are protected. The Scheme, funded in part by an ...

My mortgage is with the same bank that I hold a number of savings accounts with. If the bank went bust, what would happen to my mortgage and savings? I presume I wouldn’t be lucky enough not to have ...

With claims for mis-sold retirement related finance on the rise, MoneySavers need to watch out they don't fall foul of bad advice from both unauthorised advisers and negligent authorised advisers. The ...

At a time when the coronavirus outbreak has shocked nations around the world and hit people's finances, savers understandably want to know if their cash is protected. In the UK, the Financial Services ...