SIPP firm Curtis Banks plans £85m float

Laura Miller
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Curtis Banks, the specialist self-invested personal pension (SIPP) provider, is planning an £85m float on AIM.

The group, which began trading in 2009, has acquired five client books and said it expects to complete further acquisitions as part of its ongoing growth strategy. Curtis Banks said the pension freedoms introduced in the 2014 budget, which came into effect on 6 April 2015, and which allow individuals the freedom to access their pension pots with greater flexibility, are expected to continue to increase the popularity of SIPPs. The firm said it is well positioned to benefit from the changes in the market, presenting both organic growth opportunities and the ability to act as a consolida...

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