Utmost posts 90% annual AUA increase after entrance to UK BPA market

Group surpasses £100bn AUA mark but posts decrease in operating profit

Jasmine Urquhart
clock • 1 min read
Utmost posts 90% annual AUA increase after entrance to UK BPA market

Utmost Group has posted its annual results for 2024, with assets under administration (AUA) having increased by 90%.

The group announced it had reached £103.5bn AUA, with £63bn of new business (a 15% year-on-year increase), and £2.39bn Net Solvency II, as well as a £190m operating profit. This comes after Utmo...

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Jasmine Urquhart
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Jasmine Urquhart

Senior Correspondent at Professional Pensions

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