Financial Services Compensation Scheme
James Sharp & Co participates in the Financial Services Compensation Scheme (FSCS) for Investments (applicable to UK residents only).
Payments under the scheme for Retail Clients' Eligible Investments should we be declared in default are limited to £50,000. Monies held on deposit with us on your behalf and placed with other deposit institutions are separately covered under the Deposits scheme up to the sum of £75,000 per individual, per institution, in the event that the institution we have placed your monies with, fails. The level of compensation you will receive in relation to client money may be reduced if you already hold an account with the relevant bank.
In accordance with FCA rules, we segregate client money and hold it under the protection of the UK Financial Services Compensation Scheme.