15 January 2016

New FSCS deposit limit comes into effect

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A new level of FSCS protection came into effect for individual deposit savers from 1st January 2016.  The limit for deposits is now £75,000.

The new limit replaces the previous £85,000 limit, which was in place for almost 5 years.

For further information please visit, http://www.fscs.org.uk/news/2015/december/new-year-new-fscs-deposits-limit/