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

It will continue to waive the fee on in specie property transfers until June 2023.

Meanwhile for new Your Future SIPP clients Curtis Banks will waive the cash transfer-in fee and in specie transfer fee on the establishment of a SIPP.

It said the move will save clients more than £850 and is due to adviser demand after a 141% increase in enquiries.

To avoid duplication of fees, Curtis Banks will also continue to align the annual SIPP fee and the annual property management fee for in specie commercial property transfers, to match any client’s previous provider when transferring to Curtis Banks – ensuring that adviser’s clients don’t pay twice.

Charles Dewey, head of sales at Curtis Banks, said: “Our decision to continue to waive the fee on in specie commercial property transfers until June 2023 was based on adviser feedback and will not only ensure that clients continue to secure greater returns on their investments but also allow those clients who feel that they are trapped with their current provider the opportunity to transfer over.

“We have also introduced two new fee concessions waiving the cash and in specie transfer fees when an adviser establishes a new SIPP for their client.”

Advisers wishing to know more should contact their normal business development contact or request a call back on the Curtis Banks website.

Curtis Banks administers self-invested pension products, principally SIPPs and SSASs.

The Group commenced trading in 2009 and has successfully developed, through a combination of organic growth and acquisitions, into one of the largest UK providers of these products.

Last month it was revealed that platform firm Nucleus will buy Curtis Banks for £242m in an agreed cash offer.