Common use of Compensation Scheme Clause in Contracts

Compensation Scheme. We are covered by the Financial Services Compensation scheme (FSCS) if we cannot meet our obligations. This is dependent upon the type of business and the circumstances of the claim. Most types of investment business are covered up to a maximum limit of £50,000. Insurance advising and arranging is covered for 90% of the claim, without any upper limit. Further information about this compensation scheme arrangement is available from the FSCS. Data Protection & Privacy Statement The “Data Controller” for the purposes of the Data Protection Act 1998 (“DPA”) is Tuto Money Limited and the “Data Processor” for the purposes of the Data Protection Act 1998 (“DPA”) is Tuto. The information you have provided is subject to the Data Protection Act 1998 (the “Act”). By signing this document, you consent to us, or any company associated with us, processing, both manually and by electronic means, your personal data for the purposes of providing advice, administration and management, in line with the scope of our service and permitted business. “Processing” includes obtaining, recording or holding information or data, transferring it to other companies associated with us, if this is necessary in relation to performance of the contract and/or scope of our service, product providers, the Financial Conduct Authority or any other statutory, governmental or regulatory body for legitimate purposes including, where relevant, to solicitors and/or other debt collection agencies for debt collection purposes and carrying out operations on the information or data.

Compensation Scheme. We are covered by the Financial Services Compensation scheme (FSCS) if we cannot meet our obligations. This is dependent upon the type of business and the circumstances of the claim. Most types of investment business are covered up to a maximum limit of £50,000. Insurance advising and arranging is covered for 90% of the claim, without any upper limit. Further information about this compensation scheme arrangement is available from the FSCS. Data Protection & Privacy Statement The “Data Controller” for the purposes of the Data Protection Act 1998 (“DPA”) is Tuto Money Limited and the “Data Processor” for the purposes of the Data Protection Act 1998 (“DPA”) is Tuto. The information you have provided is subject to the Data Protection Act 1998 (the “Act”). By signing reading and accepting this document, document you consent to us, or any company associated with us, processing, both manually and by electronic means, your personal data for the purposes of providing advice, administration and management, in line with the scope of our service and permitted business. “Processing” includes obtaining, recording or holding information or data, transferring it to other companies associated with us, if this is necessary in relation to performance of the contract and/or scope of our service, product providers, the Financial Conduct Authority or any other statutory, governmental or regulatory body for legitimate purposes including, where relevant, to solicitors and/or other debt collection agencies for debt collection purposes and carrying out operations on the information or data.