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FAQ

Question:

Will my investor protection rights be impacted by the decision to leave the EU?

Answer:

No, they will not be impacted. Your investor protection rights are based on local country regulations.

However Old Mutual International Ireland (OMII) Policyholders who were habitually resident in the UK, at the time of applying for an OMII policy; and provided the policy commenced on or after 1 December 2001 are covered by the UK FSCS. Access to the UK FSCS scheme will not change in the short term following a leave vote. It would be up to the UK government to decide and legislate on any changes they would want to make to the FSCS legislation in relation to new business in light of an EU exit. If a formal exit takes place, OMII would no longer be able to accept business from the UK on a cross border basis.