Brian Smith wrote: > Thanks for your kind thoughts, Phil. > Well you won't be the only one here affected I'm sure (and I can say I'm sure as I'm also affected).
It looks likely that anything over £50k will be lost as it does seem we'll have to rely on the compensation schemes (but I'm some way from hitting that limit - some way indeed!). Otherwise everything should be covered unless Iceland goes bust and the other Nordic countries can't honour their commitments to fund the shortfall. So we should be safe if just nervous for a while and with potential cashflow issues if we're relying on the saved money in the short term (I've heard suggestions that the compensation schemes should pay out in a couple of weeks, though, not months). All that said many people expect the governments to keep things alive to avoid calling on compensation schemes so we'll have to wait and see. And all that said, this subject is very off-topic so I'd strongly advise not getting financial advice here! -- Mark Rogers // More Solutions Ltd (Peterborough Office) // 0845 45 89 555 Registered in England (0456 0902) at 13 Clarke Rd, Milton Keynes, MK1 1LG _______________________________________________ Peterboro mailing list [email protected] https://mailman.lug.org.uk/mailman/listinfo/peterboro
