Is my investment protected?
Investing your money can be a great way to bolster your future. But investments can be risky, as the couple in our video found out. It’s critical to choose what you invest in wisely, be aware of the risks of a higher-reward investment and make sure you’re protected in case something goes wrong.
Before you invest, find out if FSCS would protect your money if the investment firm failed. We can only protect you if the firm was authorised by the Prudential Regulation Authority or the Financial Conduct Authority (FCA).
How can I check if my investment provider is FSCS protected?
Search the FCA register using your provider’s firm reference number (FRN) for the most accurate results. Find the FRN in your paperwork or emails, or ask your provider if you can’t find it. If the FCA search results show the firm’s status as ‘authorised’, FSCS may be able to compensate you if this firm fails.