Adviser platform Nucleus has appointed two new platform directors to support the launch of a new retirement platform for Financial Planners.

Nucleus Financial Platforms has completed its £242m acquisition of SIPP and SSAS provider Curtis Banks to create a retirement-focused adviser platform with approximately £80bn AUM.

The £242m merger of platform Nucleus and SIPP and SSAS provider Curtis Banks has received regulatory approval after the conclusion of a review by the Competition and Markets Authority (CMA).

The Competition and Markets Authority is to investigate the merger between platform Nucleus and SIPP provider Curtis Banks.

SIPP provider Curtis Banks has launched a new tree planning initiative that will see more than 38,000 trees planted during 2023.

SIPP and SSAS provider Curtis Banks has launched two new fee concessions and extended its offer on in specie commercial property transfers.

Platform provider Nucleus is set to buy SIPP and SSAS firm Curtis Banks for £242m in an agreed cash offer with the aim of creating a major retirement investment platform.

SIPP and SSAS provider Curtis Banks confirmed today that it was in “advanced discussions” about a possible offer being made for the business by platform provider Nucleus.

SIPP provider Curtis Banks is waiving its fee on in-specie commercial property transfers into its Your Future SIPP for the rest of the year.

Will Self, the CEO of major SIPP provider Curtis Banks since 2019, has left the company with immediate effect.