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The sale of Utmost Group’s bulk purchase annuity (BPA) business, Utmost Life and Pensions, to JAB Insurance is complete, with the entity to be renamed JAB Pensions.
The business, which has more than £5bn in assets and some 300,000 policyholders, will continue to be led by chief executive Andrew Stoker and will provide "a differentiated platform capability in t...
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