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Curtis Banks Group, one of the UK’s biggest SIPP providers, has announced an 85% increase in pre-tax operating profits to £5m and a 98% increase in operating revenue to £21.4m for the first half of the year.
Most advisers have had ‘significant issues’ with the tapered annual allowance rules, a Sipps firm has found.
Curtis Banks Group’s communications boss has been added to the board of Suffolk Life after a ten-year stint working for the firm.

Greg Kingston has been appointed in the role of marketing & communications director.
Sipp provider Curtis Banks Group has completed its acquisition of Suffolk Life Group and its subsidiaries, it was announced this morning.
Rupert Curtis, the chief executive of Curtis Banks, says Suffolk Life was the perfect match for his firm after the £45m deal to acquire it from Legal & General was revealed.
Legal & General Group has sold off its Sipp provider Suffolk Life to rival firm Curtis Banks for £45 million in a move that will double the size of Curtis Banks.
A Sipp firm has reported a surge in enquiries from advisers about succession planning on behalf of their clients.
The increased FSCS levy could mean total regulatory costs for Sipp operators in the sector could rise by an additional 75% this year when compared with 2014.
A director at Suffolk Life has left the company after it ended a strategy of pro-active acquisition of Sipp books.
A Sipp firm says it has seen a shift in adviser focus away from pension freedoms as the dust begins to settle post April.
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