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.

Google says it has removed 123m ‘bad’ financial ads globally in the past year and is stepping up its fight against online scammers in the UK by pledging to work more closely with the FCA.

Google has moved to clamp down on ‘unrealistic’ financial advertising following pressure from the FCA.

Wealth manager trade body PIMFA has called on the Government to extend the remit of a new bill going through Parliament to tackle a surge in online scams.