What is the Financial Services Compensation Scheme (FSCS)?

Emma Save and Invest is only available to UK-based customers.

The Financial Services Compensation Scheme (FSCS) is the UK's independent compensation scheme, set up by the government, that can pay you compensation if an authorised financial firm fails.

Which firms does the FSCS cover?

The FSCS covers firms authorised by the Financial Conduct Authority (FCA) or the Prudential Regulation Authority (PRA), such as banks, building societies, credit unions and investment firms.

How much does the FSCS protect?

Deposits: eligible deposits are protected up to £120,000 per person, per authorised bank.
Investments: eligible investments are protected up to £85,000 per person, per firm.

Whether you're eligible depends on your individual circumstances.

FSCS rules and limits can change. See fscs.org.uk for the latest.

Does the FSCS cover my Emma savings and investments?

Eligible deposits in your Emma Pots and the Cash ISA are protected by the FSCS, and eligible customers may be protected if Seccl, which holds your Emma Invest investments, fails. How much is protected depends on the product. See How FSCS protection works on Emma Interest Pots and How is my money protected/safeguarded? for the details.

What does the FSCS not cover?

The FSCS doesn't cover falls in the value of your investments, or amounts above its limits. When investing, your capital is at risk. The value of your investments can go down as well as up.

Please always keep in mind with investments, your capital is at risk.

Updated on: 13/10/2026

Was this article helpful?

Thank you!