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  2. Your money in the Easy Access Interest Pockets is protected by the FSCS scheme, and Plum is regulated by the FCA. How safe is Plum? Overall, Plum is a fairly safe app to use. The company is authorised and regulated by the Financial Conduct Authority, meaning they can carry out payment service activities.

    www.comparebanks.co.uk/money/plum-review/
    Importantly, investing with Plum is relatively secure, as the app is regulated by the Financial Conduct Authority (FCA) in the UK. Additionally, Plum uses bank-level security measures to protect your personal and financial information.

    In short, yes Plum is safe to use. It has taken all the correct steps to ensure the safety of your funds. They are authorised and regulated by the Financial Conduct Authority as a Registered Account Information Service Provider.

    investingreviews.co.uk/reviews/plum-savings/
     
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    Mar 23, 2020 · With investments, and unlike the money in your Plum Account (which is ultimately money in a bank), your share of the fund is safeguarded by a regulated custodian, whose job it is to keep your shares safe 👮.

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