Is my money safe?
As a mynestegg client, your money will be invested in funds provided by Blackrock and Fidelity who are some of the biggest asset managers in the world. Your money isn't at risk if something were to happen to mynestegg. Instead, your money is at risk if one of the asset managers went into administration. Even then, you would be provided with protection up to £85,000 per asset manager by the Financial Services Compensation Scheme (FSCS). For more information on this, please go to the section specifically on the FSCS.
Could I end up losing all my money?
Your money is invested within funds provided by Blackrock and Fidelity. Within the funds you invest through, your money will be spread across over 10,000 individual businesses globally. Therefore, your money could only ever be lost if the valuation of all these companies went to £0.