Disliked{quote} i dont think they would promote the 500k, if it wasn't case. Just have a look for yourself: https://www.activtrades.com/index.as...ents_insuranceIgnored
http://www.fscs.org.uk/what-we-cover...sation-limits/
http://www.fscs.org.uk/what-we-cover...stment-limits/
This is the FSCS website links. check them both out. The bank deposit compensation is higher at 75k whilst investment is at 50k.
I have emailed FSCS on this matter to clarify the situation on 500k. FSCS cover upto 1M now but it is for temporary High balances (i.e. Redundancy, divorce payouts etc)