“It’s good to see that more of savers’ cash will be protected” – Which? response to the increase in deposit protection limit

“It’s good to see that more of savers’ cash will be protected and that there is a safety net in place should the worst happen. However, our research found that many aren’t aware of the protections in place. Financial providers, the regulator and the FSCS itself should be doing more to help people understand how their money is protected.”