From midnight tonight, the FSCS will become the sole safety net for customers of financial services firms that have gone out of business.
The Financial Services Compensation Scheme (FSCS) has produced a guide for consumers, to help raise awareness of the work it does.
From midnight tonight, the FSCS, which covers insurance, deposits and investments, will become the sole safety net for customers of financial services firms that have gone out of business.
It replaces existing schemes such as the Investors Compensation Scheme, the deposit Protection Scheme and the Policyholders Protection Scheme.
FSCS chief executive Suzanne McCarthy said: "Consumers need to be aware that a safety net exists, if the worst happens.
"We hope this new guide will go some way to help us achieve that."
