Keeping your investments safe
Investing always has risks, but trusting the company that holds your savings shouldn't be one. Learn how we protect your money and investments, and the safeguards in place if things go wrong.
- Parmenion don’t offer financial advice.
- Past performance doesn’t guarantee future returns.
- Investments can go down and up, and you may get back less than you invest.
- There’s no guarantee that the investments will meet their objectives.
Important information
A firm’s failure is always a unique situation and it’s impossible to cover all possibilities. We’ve put this information together based on our understanding of the current rules and regulations. It assumes that you’re an individual retail investor investing directly with Parmenion. If you’re investing with Parmenion via a third-party product such as a bond or a pension, certain protections such as the Financial Services Compensation Scheme (FSCS) may differ. You should speak to your financial adviser or product provider for more information. Protections may also differ if you’re investing with us as an institution, such as a charity.
In summary: Four levels of protection
Your money and assets, ringfenced
Client money is held separately from Parmenion's own accounts in designated bank accounts protected by trust law. Assets are registered under Parmenion Nominees Limited, a separate legal entity, ensuring maximum protection in case of business failure.
Parmenion’s financial strength and robust arrangements
Parmenion adheres to strict FCA requirements, including holding sufficient capital and conducting regular stress testing to ensure resilience during significant events.
Our regulator, the Financial Conduct Authority
Parmenion operates under FCA regulations, including the Client Assets Sourcebook (CASS), ensuring robust governance, regular audits, and compliance with strict rules for safeguarding client money and assets.
Financial Services Compensation Scheme
The FSCS provides compensation to eligible clients in case of firm failure, covering UK funds shortfalls up to £85,000 and £120,000 for client money held at a bank.
Read more in the guide
We’ve created a handy guide which goes into the four levels of protection in more detail and answer some of the most frequently asked questions about how we keep your money safe.