Curtis Banks 'proactively exploring' possible acquisitions

£24.8bn AUM

Hannah Godfrey
clock • 2 min read

SIPP and small self-administered scheme (SSAS) provider Curtis Banks has said it is "proactively exploring" possible acquisitions with a view to adding scale to the business.

In its results published this morning (20 March), group chief executive Will Self said Curtis Banks was "committed to exploring further opportunities to add scale" to the business, and that it was "proactively" exploring possible acquisitions. Last year saw Curtis Bank acquire Hargreave Hale's SIPP book, which brought 578 SIPPs to the firm, invested in assets valued at around £180m. This morning the firm also revealed its profit before tax had increased by 72% to £10.1m. The 2018 calendar year also saw the firm increase assets under administration (AUA) by 0.4% to £24.8bn, while the n...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Retirement

Sounding the alarm: Facing the retirement reality check

Sounding the alarm: Facing the retirement reality check

'At the heart of the issue is a worrying lack of engagement'

Laith Khalaf
clock 17 June 2025 • 3 min read
Why we plan holidays, not retirements: Changing the client conversation

Why we plan holidays, not retirements: Changing the client conversation

'This is scary for us as an industry but even more scary for us as a nation'

Verona Kenny
clock 04 June 2025 • 4 min read
Inflation drives 'modest' rises in PLSA's Retirement Living Standards

Inflation drives 'modest' rises in PLSA's Retirement Living Standards

Majority of pre-retirees expect to live with someone else in retirement

Martin Richmond
clock 03 June 2025 • 8 min read