“It’s right the regulator is looking to extend the safety net for other retirees” – Which? response to the Financial Conduct Authority’s plans to extend the Financial Services Compensation Scheme

“Which? has long called for greater protection for consumers who want to take advantage of the pension freedoms by using income drawdown products. Annuity holders are already completely protected, so it’s right the regulator is looking to extend the safety net for other retirees.”