Basically the pound has strengthened against the euro so the limit is going down from £85k to £75k at the end of the year.
No decision yet about what happens to people who have a bond in excess of £75k (inc interest) at the end of the year, will the provider be forced to allow them to withdraw some funds early without penalty?
http://www.fscs.org.uk/what-we-cover/questions-and-answers/qas-about-limit-changes/
No decision yet about what happens to people who have a bond in excess of £75k (inc interest) at the end of the year, will the provider be forced to allow them to withdraw some funds early without penalty?
http://www.fscs.org.uk/what-we-cover/questions-and-answers/qas-about-limit-changes/
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