Bookmark Us
Latest News

SIPP provider Curtis Banks Group has revealed increased profits and assets in its interim results for the six months to 30 June.


The firm increased pre-tax profits by 14% from £4.8m in 2018 to £5.4m.

Meanwhile assets under administration rose by 9.6% from £25.1bn to £27.5bn.

 

Other highlights included:

Operating Revenue increased by 6.7% to £24.5m (2018: £23.0m)

Interim dividend of 2.5p per share (2018: 2.0p)
 
Will Self, chief executive of Curtis Banks, said: “This is a solid set of results for the first six months of 2019 with the period under review showing an increase in our key financial metrics.

“Once again, the Group has continued to grow profitably and maintains a high proportion of quality recurring earnings which demonstrates the resilience of our business against some current headwinds in the SIPP industry and wider marketplace.

“Through initiatives to stimulate both organic and inorganic growth, as well as successfully diversifying revenues by broadening our capability to commercial property clients, we have navigated the first half of 2019 extremely well.

“I am confident and excited about our prospects for further growth.”

SIPP operator Curtis Banks has introduced the Prudential Trustee Investment Plan (Pru TIP) to its Your Future SIPP. 
Independent SIPPs operator Curtis Banks has launched a new secure client portal, signalling the latest development of its new SIPP product launched earlier this year – Your Future SIPP.
SIPPs firm Curtis Banks has appointed a new chief financial officer.
SIPPs firm Curtis Banks is celebrating the 10th anniversary since the foundation of the business.
SIPPs operator Curtis Banks has enjoyed a double-digit profit boost, according to its latest end of year figures.
Independent SIPP provider Curtis Banks has launched its new ‘Your Future SIPP’.
SIPPs firm Curtis Banks has revealed that its chief financial officer, Paul Tarran, is to stand down and resign from the board.
Curtis Banks, one of the UK’s biggest SIPP providers, has completed the purchase of wealth manager Hargreave Hale’s £180m SIPP book.
SIPP provider Curtis Banks has refreshed its SIPP due diligence guide for advisers.
Page 1 of 4

News from Twitter