Chinese walker

Deposit Protection

What is – and is not – protected?
The extent of coverage of the Deposit Protection Scheme, and the 100% deposit guarantee announced on 14 October last year which follows the same principles, has recently attracted quite a lot of public attention. This is understandable given the importance to all of us of the safety of our savings. In this article, I will try to make clear, at least in general terms, what types of deposit are and are not covered.
Read more…