The FSCS is the UK’s statutory fund of last resort for customers of financial services firms. This means that the FSCS can pay compensation to consumers if a financial services firm is unable, or likely to be unable, to pay claims against it. This means investors can be covered by the FSCS in the event of our company (Alliance Trust Savings) going out of business. The FSCS can award up to £50,000 in compensation to any investor should we go out of business.
The FSCS also covers cash held on deposit with Alliance Trust Savings. If we are unable to meet our liabilities and are declared in default, you may be entitled to up to £85,000 in compensation for any cash held in your account with us.
You can contact the FSCS at:
Financial Services Compensation Scheme,
15 St Botolph Street,
020 7741 4100 or 0800 678 1100 or alternatively at www.fscs.org.uk.
For information on FSCS protection please read the documents below
FSCS Important Information sheet
Alliance Trust Savings Compensation Statement