How secure is any money I put into SVS and is it coved by the government guarantee scheme of up to ?85000.00
| Related: | Personal Finance•Investing•Share Dealing |
Answers (1)
Hi,
SVS is a bona fide company, but it deals in investments. The FSCS limit for those is just ?50,000 *not* ?85,000 as it is for cash.
http://www.fscs.org.uk/what-we-cover/eligibility-rules/compensation-limits/investment-limits/
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