When things go wrong, it’s reassuring to know there’s a safety net in place. This is especially important when it comes to our personal finances, including savings, investments and insurances. The Financial Services Compensation Scheme (FSCS) is an independent body set up by the UK Government to provide compensation or some other form of resolution for people where their authorised financial services provider gets into financial difficulties. The FSCS operates different levels of compensation for different products and funds selected.