Your plan is covered by the Financial Services Compensation Scheme
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
This depends on the type of business and the circumstances of the claim. The Retiready Pension is a contract of insurance. Insurance business of this type is generally covered for 100% of the value of the whole claim, without limit.