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A director at Mattioli Woods has confirmed his firm is holding talks with troubled Sipp providers and the FCA to look at possible solutions ahead of the revamped capital adequacy rules taking effect next year.

Sipp sales at James Hay increased by 26% in the first half of 2015, the firm reported this morning.

Nearly 8 in 10 advisers expect growing numbers of pension providers will not offer their auto enrolment schemes to businesses with fewer than 30 employees.

Prudential has come top in the complaints league for life, pensions and decumulation, published by the Financial Ombudsman Service for the first half of 2015.

Ten per cent of grown up children claim their parents are having ‘too much fun’ and ‘blowing’ their inheritance, as a generational financial tug of war takes place, according to a retirement report.

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