Curtis Banks hikes SIPP charges for 'better balance between fee income and interest income'

The firm's mid SIPP annual administration fee will rise from £260 to £310, while the full SIPP charge will jump from £580 to £720. It said these price lifts will offer "a better balance between fee income and interest income". Curtis Banks said the changes to its charges accompany a development of its proposition and alteration in the strategic direction of the business. These changes, the firm added, were kicked off by its £25m acquisition of self-invested personal pension (SIPP) provider Talbot and Muir and £27m purchase of fintech company Dunstan Thomas. Curtis Banks has also co...