Guide published to reassure pensions savers
Seven organisations unite to help savers
If the COVID-19 pandemic has caused you to worry about your pension, you’re not alone. Many people are concerned about the impact that COVID-19 could have on their pensions. That’s why FSCS has joined forces with other organisations in the industry to create a helpful guide to support pensions savers.
FSCS and six other organisations that protect pensions have collaborated to produce the guide, which answers key pensions questions and helps pensions savers find the support they need during the COVID-19 pandemic.
Caroline Rainbird, FSCS Chief Executive, said:
“This is an extremely important initiative and we are delighted to be a part of it. It is especially important during times of uncertainty for consumers to know that FSCS is there when our customers need us the most, to get them back on track. We hope this guidance will help people to understand that their pensions are protected.”
If you’re worried about your pension or you want to know who’s there to help, read the guide now.
Latest News from
Full recovery: FSCS closes the book on the 2008 banking crisis22/09/2020 10:25:00
Twelve years on, we've just received the final recovery payment from the 2008 banking crisis through the administration of Heritable Bank.
What if my bank just exists online?18/09/2020 10:25:00
FSCS protects your money held in all authorised UK banks, even if they don't have any branches.
Ask these key questions to make sure your money is protected07/09/2020 14:20:00
Blog posted by: Jess Spiers, 04 September 2020, Protection.
Protecting your financial future24/08/2020 11:05:00
Scammers know you might be considering your savings and investments at the moment.
FSCS Temporary High Balance coverage extended05/08/2020 12:25:00
The Financial Services Compensation Scheme’s (FSCS) Temporary High Balance (THB) protection for deposits of up to £1m will be temporarily extended from six to 12 months for deposit-taker failures occurring from this Thursday, 6 August 2020.
FSCS adds further strength to its Board with three Non-Executive Director appointments30/07/2020 12:25:00
Mr Marshall Bailey OBE, Chair of the Financial Services Compensation Scheme (FSCS) yesterday announced the appointment of three new Non-Executive Directors to the FSCS Board.
FSCS enables 18,000 SVS Securities clients to have access to their money and assets27/07/2020 12:25:00
Around 18,000 former clients of wealth management firm SVS Securities plc can begin to access their money and assets from the new nominated broker ITI Capital Ltd as of friday (24 July 2020).
FSCS publishes its 2019/20 Annual Report and Class Statements09/07/2020 15:02:00
The Financial Services Compensation Scheme (FSCS) helped over 258,000 customers to get their lives, families and businesses back on track during 2019/20.