Curtis Banks poised to consolidate SIPP market

In its interim results published on Thursday (5 September), the SIPP provider confirmed acquisitions were "firmly" part of its strategy and that it was "well positioned to continue to consolidate the SIPP market." In December 2018, Curtis Banks bought wealth manager Hargreave Hale's SIPP book, which included some 600 SIPPs invested in assets valued at approximately £180m. The move marked the 10th asset purchase by Curtis Banks since the company was founded in 2009. The SIPP provider now boasts £27.5bn assets under administration - an increase of almost 10% from its June 2018 figure...