MPs on the Public Accounts Committee have attacked the “shameful shambles” which led to an estimated 134,000 pensions, mostly women, being underpaid over £1bn in State Pension entitlement.

The Online Safety Bill must include criminal offences to tackle scam financial adverts to tackle the “Wild West online”, according to a report from MPs and Peers today.

Investment platform provider AJ Bell has changed the terms on its Managed Portfolio Service funds to reduce risks and costs for advisers.

The All-Party Parliamentary Group (APPG) on Personal Banking and Fairer Financial Services has launched a consultation into the performance record of the Financial Conduct Authority (FCA).