SIPP provider revamps due diligence for advisers

SIPP provider Curtis Banks has refreshed its SIPP due diligence guide for advisers. The firm says the due diligence guide is to provide advisers with “concrete information on Curtis Banks which will allow them to recommend a SIPP provider with confidence to their customers.” The guide contains a group overview, evidence of financial stability and details of the sales structure as well as contact details of the firm’s experts. The updates to the due diligence guide are the last before Curtis Banks launches its new SIPP at the end of the year. The new SIPP will replace the majority of existing products for new business. Dave Stratton, group sales director, said: “Advisers will already know well that SIPP due diligence is far from just a tick in the box. “The market is complex, as are the potential liabilities that many providers may be exposed to. “Some of those are well-reported, and some are undoubtedly stories yet to be written.” He added: “Curtis Banks makes a compelling case for advisers, with a great financial track record and a good quality book of SIPP business. “We’re working hard now to bring our new SIPP to market and capitalise upon the best components within our Group.” The Curtis Banks Group due diligence guide is available from Curtis Banks and Suffolk Life websites.

SIPP provider revamps due diligence for advisers

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