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The Independent UK

Business

Vicky Shaw

Many pension savers do not know whether they have protection if a firm goes bust

FSCS Financial Services Compensation Scheme

PA Wire

Two-fifths of pension savers have never checked whether their money is protected by a body which compensates people when firms go bust.

Some 40% of those saving into a pension have not checked whether their pension is protected by the Financial Services Compensation Scheme (FSCS).

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