Your plan is covered by the Financial Services Compensation Scheme (FSCS)
Depending on the type of business and circumstances of a claim, you may be entitled to compensation from the scheme if we (or the bank holding the money in your cash facility) can't meet our obligations (for example, if we were to become insolvent or unable to meet the claims against us). Read more... About Financial Services Compensation Scheme
The Retiready ISA is classed as an investment by the FSCS, and the money held in the Retiready cash facility classed as a deposit. For both, the maximum compensation available is £85,000 per person, per firm. For further details please read our Investor Protection Through Retiready guide referred to in Things to think about above, or visit the FSCS website at www.FSCS.org.uk This information is correct as at 1 May 2020.