FSCS - Personal accounts and cash accounts within a SIPP
Does anyone know if a client will be covered by 'two' FSCS £85k limits if they have both a personal Bank Account with say Barclays, but also have a cash account within their SIPP with Barclays?
Or would it be just one £85k as both accounts are with the same provider for the benefit of the same individual?
As the SIPP is technically in trust then I would assume two?
I would welcome your thoughts.