YouTube Video: What Happens If My Investment Platform Goes Bust?

What Happens If My Investment Platform Goes Bust?

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A question I’m asked all the time is “What happens to my money if my broker/investment platform goes bust?” So in this video, we look at how to gauge the risk of loss and compare it with other risks, but also how regulators reduce this risk and how compensation schemes could help further. And we look at what nominee accounts are and how they work. Finally, we give one example where a fairly large UK broker did fail and the consequences of that failure.

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DISCLAIMER
All information is given for educational purposes and is not financial advice. Ramin does not provide recommendations and is not responsible for investment actions taken by viewers. Figures that are quoted refer to the past and past performance is not a reliable indicator of future results.