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).

Tilney Smith & Williamson’s Sustainable MPS (managed portfolio service) is being added to four new platforms, increasing total availability to six platforms.

MPs on the influential Public Accounts Committee (PAC) have published a damning report criticising the Treasury for failing to fix what it calls a £17bn error on public service pensions that has disadvantaged younger workers, women and other groups.