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Question on ISA

asked by becky thompason posted 2 Years ago at 9:33
I have a shares ISA with a bank. My question is, if (which hopefully wouldnt happen), the bank goes bust, am I covered for my shares? I kind of thought that the bank doesn't actually own the shares as they are in the stock market?
1-1 of 1 Answers
Gordon Hewitt answered 2 Years ago at 17:59, last modified: 2 Years ago at 16:59
Becky, most investments are covered for th efirst £50,000 held with an institution under the FSCS rules
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