Is my Quilter Invest SIPP FSCS protected?
Yes. Your Quilter Invest SIPP is covered by the Financial Services Compensation Scheme (FSCS) in certain circumstances.
FSCS protection may apply if an authorised firm involved in providing your SIPP is unable to meet its obligations. The level of protection depends on what is held in your SIPP:
- Investments may be protected up to £85,000 per person, per banking group
- Uninvested cash held within your SIPP may also be protected up to £120,000, subject to FSCS limits
It’s important to understand that:
- FSCS protection does not protect you against investment losses or market falls
- Protection only applies if a firm fails and is unable to return your money
FSCS limits and eligibility can change over time. Further information is available from the Financial Services Compensation Scheme.