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Utmost group chief executive (CEO) Paul Thompson (left) and Utmost CEO Andrew Stoker (right)
Utmost Life and Pensions has confirmed its entry into the bulk purchase annuity (BPA) market, having appointed new leadership, built a bulk purchase annuity (BPA)-focused team of over 20 people, and successfully transacted with two external pension schemes in the final quarter of 2024.
The provider said it had established a "credible" offering to address the demand of schemes looking to conduct a risk transfer transaction in the UK, based on its existing annuity business. It also...
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