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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.

Mattioli Woods is to spend nearly £15m to build a new central Leicester office.

Sipp provider Mattioli Woods has agreed an £8,300,000 deal to take over SSAS and Sipp administration firm Taylor Patterson.

An ex-director of an advisory firm has been banned for Sipp related failings that left many customers facing losing all of their pension funds.

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