If you're UK-based I'd withdraw it all and hide it in a safe... FCS only protects up to about £70k OP almost certainly isn't in the UK, but even if so, you spr

If you're UK-based I'd withdraw it all and hide it in a safe... FCS only protects up to about £70k OP almost certainly isn't in the UK, but even if so, you spread it around numerous banks and different asset categories (stocks, gold, bonds) rather than risk it all in a safe. Even just dumping £1m into an NS&I Income Bond would keep it pretty safe. I'd personally diversify as much as possible and buy into a variety of funds covering most major geographic areas (e.g. a fund that tracks the Dow, one for the Asian markets, and so on.)