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The Association of Member-Directed Pension Schemes has declared it has "serious issues" with aspects of the new capital adequacy rules.

A Sipps firm has raised concerns over the new capital adequacy rules published by the FCA.

With recent questions about the investment allowed in Sipps and some regulatory concern, the idea of a return to a permitted or 'whitelist' of investments is gaining ground.

The FCA has revealed new rules on capital adequacy for Sipp operators this morning which will come into effect in September 2016.

The volume of automated investment transactions through the ViaNova project has doubled as a direct result of auto-enrolment.

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