Icesave: ISA Reinstatement Certificates
3rd April 2009
FSCS arranged for all Icesave ISA customers to be sent their Reinstatement Certificates by the end of the first week in March. The certificates allow customers with Icesave ISA's to keep the tax-free status of their money and reinvest it with another provider.
The certificates initially allowed reinstatement before 5 April only. However, a small number of people will not be able to reinvest before that date. Therefore, the Government has extended this deadline up to and including 5 October 2009 with immediate effect. The date of 5 April is noted on the certificates; however, ISA providers have been informed by HM Revenue and Customs that the date has been extended to 5 October 2009.
There are a small number of people who need to have their certificates re-sent, either because the certificate was lost in the post or due to changes in names or addresses. FSCS had been processing these requests up to the middle of March. As the deadline for reinvestment has been extended the FSCS will still be able to deal with requests for new certificates. The next batch of certificates will be sent out in mid April.
If you need a replacement Reinstatement Certificate please contact FSCS on 020 7892 7300.