I iPoker Registered User Messages 28 1 Oct 2008 #1 I invested in a "Protected protfolio investment series 1" with First Active a number of years ago - Does anyone know if this would be covered by the Irish Deposit Protection €100k scheme?
I invested in a "Protected protfolio investment series 1" with First Active a number of years ago - Does anyone know if this would be covered by the Irish Deposit Protection €100k scheme?
L LDFerguson Registered User Messages 4,665 1 Oct 2008 #2 I wouldn't have thought that a tracker bond would fall under the Deposit Protection Scheme as it's not one of these accounts. It would probably fall under the Investor Compensation Scheme. Check to see if the policy documentation confirms which scheme covers it and if that doesn't work, get First Active to confirm in writing.
I wouldn't have thought that a tracker bond would fall under the Deposit Protection Scheme as it's not one of these accounts. It would probably fall under the Investor Compensation Scheme. Check to see if the policy documentation confirms which scheme covers it and if that doesn't work, get First Active to confirm in writing.