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Curtis Banks Group achieved an operating profit of £1.631million and administered 67,161 Sipps in the six months to the end of June.
The new capital adequacy rules took effect this week but Sipp experts say there are still grey areas that could be problematic.
Sipps specialist Claire Trott is leaving Talbot and Muir, the company revealed this morning.
I read John Moret’s article ‘End of era for Sipps world’ with interest the other week.
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The much-anticipated capital adequacy regime for SIPPs is finally upon us, and providers now have to get out their abacuses, and remove their shoes and socks, in order to undertake the calculations that will determine the requisite size of their capital reserves, underpinning the membership of their SIPP book of business and portfolio of assets.
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