FSCS Protection

Last Updated: 12/11/2026 17:15

Feeling confident about the safety of your pension matters. At Pension App, we want you to understand how your pension is protected, including the role of the Financial Services Compensation Scheme (FSCS).

The FSCS provides protection to customers if an authorised financial firm fails. With Pension App, your money is held in a pension managed by a regulated provider and invested through BlackRock, one of the largest investment managers in the world. Your pension is protected by the FSCS up to £85,000, offering an extra layer of reassurance.

This article explains what FSCS protection means, how it applies to your Pension App pension, and why it’s an important part of safeguarding your retirement savings.

Financial Services Compensation Scheme (FSCS) Logo

What is the FSCS?

The Financial Services Compensation Scheme is an independent body that protects customers if a regulated financial firm goes out of business. For pensions, this protection can apply if your SIPP provider fails and cannot meet its obligations.

Key points:

  • Current FSCS limit: £85,000.

  • Covers failure of the SIPP operator or the firm holding your assets.

  • Does not cover investment losses, market movements, or changes in fund values.

Your pension continues to be invested through BlackRock. While they are a highly respected investment manager, the value of your investments can still rise and fall.

How FSCS Protection Works with Pension App

Pension App works with FCA-regulated pension and investment firms, meaning your savings sit within a secure, authorised structure.

If a SIPP provider were unable to meet its obligations, the FSCS could compensate eligible customers up to £85,000.

What FSCS protection covers:

  • Failure of the SIPP operator.

  • Failure of the firm holding your assets.

What it does not cover:

  • Investment performance.

  • Market movements.

  • Changes in fund values.

Why FSCS Protection Matters

A pension is often one of your largest financial assets. Knowing there is a compensation scheme in place gives peace of mind that, in the unlikely event of a provider failure, some protection exists.

FSCS protection is part of our mission to make pensions simple, transparent, and secure, alongside:

  • Daily valuations.

  • Regulated pension structures.

  • Clear information about fees and processes.

  • Secure digital transfer systems.

  • UK-based customer support.

Together, these safeguards create a reliable and trustworthy pension experience.

Staying Informed About Your Protection

You can learn more about FSCS protection on the FSCS website, including full rules and eligibility criteria. We encourage customers to stay informed about how pensions work, how they are protected, and what to expect from their pension provider.

With Pension App, everything is designed to give you a clear view of your pension. FSCS protection adds an extra level of comfort alongside our commitment to responsible, well-managed pension processes.

With pensions, your capital is at risk.