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Is my money FSCS protected with Plum Interest?
Is my money FSCS protected with Plum Interest?
Dimitris avatar
Written by Dimitris
Updated over a week ago

The fund manager for Plum Interest is BlackRock, an investment company with global presence.

Plum is regulated by the Financial Conduct Authority (FCA) and any money invested with Plum Interest is protected by the Financial Services Compensation Scheme (FSCS).

That means your money is safeguarded by a regulated custodian. So if anything should happen to Plum (or our fund provider), your assets will be passed back to you and can’t be touched by anyone else.

If the custodian fails or in the unlikely event that Plum defaults, the value of your assets held with Plum is also protected by the FSCS up to a max of £85,000, if the scheme applies to you.

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