A Dundee business with dozens of staff is closing its city centre office with workers to permanently work from home.
Curtis Banks will not renew its lease at Westport House at West Marketgait as its “reliance on physical locations has reduced”.
The company specialises in self-invested personal pensions (SIPP) and employs 65 staff in Dundee.
The decision has been made after consulting with staff. Voluntary redundancies are also being offered.
Reasons for the Dundee office closure
Curtis Banks previously operated from the City House office block attached to the Overgate Shopping Centre.
In 2017 it made the move to the office suite in the same building as Grosvenor Casino.
A spokesperson said: “Curtis Banks has demonstrated over the past two years that it is able to work differently, in an agile manner.
“With the lease due to expire on our office in Dundee, we undertook a review and consultation with our colleagues in Dundee centred on a transition to permanent home working.
“This will now be implemented formally from the end of September.”
Expert to help Dundee staff in home working transition
Curtis Banks said although staff have the option of taking voluntary redundancy, it is continuing to recruit.
It also has access to a shared office space in Dundee for face-to-face meetings.
The company provides home workers with IT and office equipment as well as an allowance.
An external specialist is giving staff training to support the work from home transition.
Curtis Banks’ Dundee office was formed after it acquired Alliance Trust’s £3bn SIPP book in 2012.
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