MPs back SNP motion on better deal
Regulator was added to government's £10bn cost-cutting target
Campaign group petition attracted 118,000 signatures
Frank Field has been elected as chairman of the House of Commons Work and Pensions Committee.
Pensions expert Ros Altmann has called on the Financial Conduct Authority (FCA) to tighten its grip on product providers to ensure customers are treated fairly once they have received the government's proposed retirement guidance.
Chair of the Financial Services Consumer Panel (FSCP) Sue Lewis has told MPs she expects the emergence of "a lot of toxic products" in the retirement sector following the announcement of new pension freedoms in the Budget.