The Government has confirmed that online fraud will be included in its new Online Safety Bill published this week but there is confusion over the limits of any new laws

Campaigning consumer group Which? says Google and Facebook are failing to remove online scam adverts even after fraud victims report them.

Nearly £2m has already been lost to pension fraud this year with the true cost likely to be much higher as victims often do not realise they have been scammed for several years.

Wealth manager and Financial Planner Quilter has written to the Prime Minister and the Minister for Digital and Culture calling on the government to include scams and other financial harms within the scope of the upcoming Online Safety Bill.