What is the Financial Services Compensation Scheme (FSCS)?

Answers from the sources

  1. Principality Building Society

    “The Financial Services Compensation Scheme is the UK’s statutory compensation scheme for customers of authorised financial services firms. It exists to protect customers if a financial services provider fails and is unable to meet its obligations. The FSCS is funded by the financial services industry and backed by the UK Government.”

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Published
2026-10-23
Modified
2026-10-23
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revision Q7245099:content:c57bc875c161e800

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