Alliance Trust has sold part of its savings platform business with £3 billion of assets to a specialist in self-invested personal pensions (Sipps).
Bristol-based Curtis Banks will take over 6000 Sipps from Dundee-based Alliance Trust by the end of the year.
Alliance said: "As part of the acquisition, Curtis Banks are retaining all affected staff, in both Dundee and London, to ensure continuity of service."
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