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...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Industry

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Commons overturns salary sacrifice protections, TPR guidance on Virgin Media judgment, LifeSight to launch retirement CDC solution

Professional Pensions
clock 27 March 2026 • 1 min read
Investment mandation would have had 'serious consequences' for members

Investment mandation would have had 'serious consequences' for members

Experts suggest trustees will ‘breathe a sigh of relief’ at the House of Lords vote to remove the power

Holly Roach
clock 27 March 2026 • 1 min read
Most think trust in pensions industry is 'too low'

Most think trust in pensions industry is 'too low'

PP survey finds two thirds agree with pensions minister on lack of trust in industry

Jasmine Urquhart
clock 27 March 2026 • 2 min read
Trustpilot