Any cash in your Abundance account that has not been invested is held in a segregated client account at Lloyds Bank PLC and covered by the FSCS Deposit Protection Scheme. This means if you have cash in your ISA or other Abundance portfolios that you have not yet invested you benefit from FSCS protection up to £85,000.

Please note, the FSCS Deposit Protection scheme covers you for £85,000 per financial institution, so in this case it covers any uninvested cash held in your Abundance account as well as any other money you hold elsewhere in Lloyds Bank PLC or any of its subsidiaries.

Once your money is invested you are covered under the Financial Services Compensation Scheme (FSCS) on investments. This scheme is different to the FSCS Deposit Protection Scheme described above. Under the FSCS investment scheme investors can claim up to £50,000 of compensation in the case where Abundance goes out of business and Abundance is proven to have been negligent in carrying out our role.

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