A coalition of consumer groups, charities and financial services industry bodies is renewing its call for the government to include paid-for online adverts within the scope of the Online Safety Bill, ahead of it being presented for pre-legislative scrutiny.
The coalition includes Which?, UK Finance, Martin Lewis and MoneySavingExpert, the Personal Investment Management and Financial Advice Association (PIMFA), the Investment Association (IA), the Association of British Insurers and the Money and Mental Health Policy Institute. It comes as research from Which? found that the growing shift towards everyday tasks being carried out online following the onset of the pandemic has led to a devastating surge in scams. Action Fraud figures, in the year to April 2021, show that 413,553 instances of fraud were reported - an increase of a third on t...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
