There was a 46% rise in the number of complaints about Sipps made to The Pensions Advisory Service in the last year.

A ruling against a Sipp operator which sparked fears of a precedent being set and a rise in claims will be reviewed by The Financial Ombudsman Service.

In November last year, the FCA asked Sipp operators to complete a (long) questionnaire to help them with their third thematic review. Among the 40 or so data items requested was the amount of Assets Under Administration (AUA).

Total assets of the world's largest 300 pension funds grew by over 6% in 2013 to reach a new high of almost US$15 trillion, freshly released figures showed today.

A former senior consultant at Broadstone Pensions & Investments has moved to Sipps firm Mattioli Woods.