114: Protecting Your Money: Understanding FSCS with Matt Phillips

09/09/2024 13 min
114: Protecting Your Money: Understanding FSCS with Matt Phillips

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Episode Synopsis

Send us a textIs your money protected? In this week's episode, we're joined by Matt Phillips, Head of Readiness at the Financial Services Compensation Scheme (FSCS). Matt discusses how  FSCS works and its vital role in protecting your finances when UK banks and institutions fail. From bank deposits to investments, pensions, mortgages, and insurance, learn how to secure up to £85,000 in compensation in the unlikely event of a firm's collapse.LEARN MORE ABOUT FSCS:https://www.fscs.org.uk/FCA REGISTER:https://register.fca.org.uk/s/Support the showFOLLOW PENNIES TO POUNDS 💸Instagram - https://www.instagram.com/penniestopoundspod/Twitter - https://twitter.com/penniestopoundTikTok - https://www.tiktok.com/@penniestopounds?_t=8ZGvHcCqLIs&_r=1LinkedIn - https://uk.linkedin.com/company/pennies-to-poundsWebsite - www.penniestopounds.co.ukContact - [email protected]

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