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Curtis Banks founder and chief steps down

Curtis Banks founder and chief steps down

Curtis Banks (CBP) founder and chief executive Rupert Curtis may be stepping-down from the top job, but he reckons consolidation within the self-invested and administered pensions markets - which accounts for the recent improvement in group margins - is set to continue. Cost savings from the January closure of the Market Harborough office – since taken on via a previous acquisition – and a reduction in staff numbers also boosted the adjusted operating margin by 1.5 percentage points to 26.2 per cent during the first-half, closing in on management’s 30 per cent target.

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