Curtis Banks waives £800 commercial property fee
04 Oct 2022
The move will save clients more than £800 and the provider hopes it will encourage clients who may feel 'trapped' with their current provider.
The SIPP provider is also aligning its annual SIPP fee and the annual property management fee to match any client’s previous provider when transferring to Curtis Banks to ensure that clients do not pay twice.
Charles Dewey, head of sales at Curtis Banks, said:
“When SIPPs were first announced back in 1989, it provided unprecedented investment flexibility. This flexibility remains today and, in particular, investing in commercial property.”
But he said the management of the property was very important and advisers often find clients with providers that do not have the experience and expertise to undertake this work.