CBP.L Regulatory News (CBP)

Curtis Banks Group plc

("Curtis Banks", the "Group")

RNS Reach

New Product Launch

Curtis Banks, one of the UK's largest independent SIPP operators, today announces the forthcoming launch of its new self-invested personal pension 'Your Future SIPP'.

The new product brings together the best of the Curtis Banks and Suffolk Life SIPPs into one industry leading proposition. It replaces the current range of products and is more efficient and streamlined with increased functionality for both advisers and their clients. Your Future SIPP accesses the high quality administration platforms and teams of Curtis Banks and is competitively priced.

A new online portal will also be launched that directly supports Your Future SIPP. This will help advisers by reducing the time spent on administration enabling them to spend more time with their clients. It is also responsive for desktop, tablet and mobile.

Key features of Your Future SIPP include:

· Open market access to virtually any investment solution

· Online all the time, enhanced digital user experience via a new online portal

· Competitively priced, clients only pay for what they use

· Extensive commercial property experience

· Automated adviser charging

All existing SIPP products will begin to close to new business.

Will Self, Curtis Banks Group CEO, commented:

"The SIPP market is undergoing an evolution. On one side a number of platforms are clearly struggling to offer the service levels that advisers demand, and are far from an automatic choice for advisers with outsourced investment propositions. On the other, a number of SIPP providers face an uncertain future as they clean up legacy books which contain illiquid investments and are not innovating in new products. As one of the leading providers, we have looked to the future and created a new SIPP proposition that advisers asked for, supported by a nationwide adviser support network."

For more information: 

Notes to Editors:

Curtis Banks administers over 77,000 Self-Invested Pension Schemes, principally SIPPs and SSASs. The Group commenced trading in 2009 and has successfully developed, through a combination of organic growth and acquisitions, into one of the largest UK providers of these products. The Group currently employs approximately 570 staff in its head office in Bristol and regional offices in Ipswich and Dundee.

For more information - www.curtisbanks.co.uk