FAQs

Is EQi covered by the FSCS?

Equiniti Financial Services (EFSL) is a member of the Financial Services Compensation Scheme (FSCS), set up under the Financial Services and Markets Act 2000.

If we cannot meet our obligations, you may be entitled to compensation from the FSCS. This will depend on the type of agreement you have with us and the circumstances of the claim. Most types of investment claims for FCA regulated business are covered for 100% of the first £85,000 per eligible claimant. This limit applies to all Investments held for you by Equiniti Financial Services Limited including in relation to other services provided by us.

Please note, we hold Client Money with a number of Banks, at our absolute discretion, but in accordance with the FCA Rules on diversification. We treat each client’s cash balances as if they were held in the same ratio as our total Client Money balance with these Banks in compliance with the FCA Rules.

Protection limits can be found on the FSCS website and are set per eligible person, per firm (not per account).

All FSCS compensation limits are subject to change. You can contact the FSCS for further information.

- Submitted on 29th Feb 2020

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