Page 32 - 2017 INVESTMENT PHILOSOPHY - May 2017

HOW SAFE ARE MY INVESTMENTS?

FINANCIAL SERVICES COMPENSATION SCHEME (FSCS)

The FSCS was set up under the Financial Services and Markets Act 2000 and exists to protect

customers of Financial Conduct Authority (FCA) authorised firms and covers deposits, insurance

and investments. The Scheme can pay compensation to customers who have lost money as a

result of their dealings with FCA authorised firms that are unable to pay claims against them,
usually because they are insolvent or have stopped trading. Full details of the FSCS arrangements

applicable to your investments will be outlined in the relevant Key Features Document. A brief

summary of the level of protection offered is outlined below.

Product Maximum Compensation • FSCS compensation only covers businesses
authorised by the FCA. If you invest
Deposit / Bank Offshore you may have a different level of
£85,000 per person per licenced institution
Accounts protection or none at all.

The maximum level of compensation for claims
Investments (i.e. Unit against firms declared in default on or after 1 • The FSCS provides cover if an FCA
Trusts) authorised business becomes unable to
January 2010 is £50,000 per person per firm
pay claims against it.
The maximum level of compensation for claims
Long term insurance
against firms declared in default on or after 1 • Please note that it does not offer
(i.e. investment
January 2010 is 90% of the claim with no upper compensation for poorly performing or
bonds, annuities)
limit. failed investments.

ENABLE INDEPENDENT FINANCIAL LIFE PLANNERS IS A TRADING STYLE OF ENABLE INDEPENDENT LIMITED
ENABLE INDEPENDENT LIMITED IS AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY. Version 2017 - April