Your money is safe and secure in the Tembo Lifetime ISA, and is held in a bank-level security account. Your money also continues to be protected by the Financial Services Compensation Scheme - which means if one of the banks we partner with to hold your Cash Lifetime ISA money were to go into default, your money would be protected through the FSCS, up to £85,000 (per eligible person, per bank).

Similarly, if you have a Stocks & Shares Lifetime ISA, the units held are in a fund managed by BlackRock Fund Managers Limited. This is an FCA authorised fund and the units held are FSCS protected, up to a value of £85,000.

Tembo is authorised and regulated by the Financial Conduct Authority and abides by their strict governance and compliance rules.