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Curtis Banks' year of margin growth

Curtis Banks' year of margin growth

A less-than-favourable self-invested personal pension (Sipp) market didn’t stop Curtis Banks (CBP) from reporting full-year numbers marginally ahead of analysts’ expectations after the pension scheme provider added more than 6,000 new Sipps last year. That led to a 6 per cent increase in revenues, while reported operating margins grew from 25.8 per cent to 27.1 per cent year on year following the launch of a new product, certain cost-cutting measures and an office closure.

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