Self-invested personal pension (SIPP) provider Curtis Banks has purchased the SIPP book of wealth management firm Hargreave Hale.

The purchase includes around 600 SIPPs investing in assets valued at about £180m. Hargreave Hale will continue to actively manage the invested assets and Curtis Banks will now be responsible for the professional administration of the SIPPs.

The sale marks the tenth asset purchase by Curtis Banks since the company was founded in 2009. Roxburgh Milkins have supported Curtis Banks for several years and also advised on this acquisition.

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