How safe are my investments with you?
We know how reassuring it can be to know your investments are in secure hands.
One of the financially strongest investment platforms, AJ Bell look after £74.1 billion of assets for 418,000 customers. AJ Bell Youinvest is part of the AJ Bell Group, which is subject to Financial Conduct Authority (FCA) regulation, where required, and your cash and investments are covered by the Financial Services Compensation Scheme, up to certain limits.
Money you have in an ISA or a Dealing account is held in trust accounts, opened with UK-regulated banks. This means your cash is held separately to the company’s cash – and it’s reconciled daily. Investments in ISA or Dealing accounts are held in the name of our nominee company, or by an appropriately authorised third party custodian or nominee. Customer assets are ring-fenced from AJ Bell’s assets, and reconciliations are carried out on a regular basis.
Money and investments you have in SIPP accounts is held subject to the trust deed and rules of the SIPP scheme. As trust assets, again they’re ring-fenced from AJ Bell’s assets, and reconciled regularly.
In the extremely unlikely event that the business had to be wound down, AJ Bell holds cash in reserve substantially above the amount required by regulation, so we would expect to be able to meet all associated costs.
You can find out more about how we keep your investments safe by visiting our security centre.
- How can I pay money into my account?
- I'm linked to another account. Can I check the status of a transfer to it?
- What are the terms and conditions of my account?
- How do you collect charges from me?
- Why aren't all my investments showing on the transfer tracking page?
- Is it possible to open an account in joint names?