The FSCS is a government fund that exists to help consumers in the event of a bank collapse. You are protected for 100% of the first £85,000 per financial institution.
Our Cash LISA and Stocks & Shares LISA are both protected by the FSCS, and you can find out more about this protection on the FSCS page of our website.
For investment products such as our Stocks & Shares LISA, please note that you are covered in the event of the product provider collapsing, not if your investments lose money.