Firm’s newly launched BPA-plus offering contributed to significant growth
Transaction secures the benefits of over 7,000 scheme members
Transaction secures the benefits of 16,400 scheme members
Insurer says BPA market ‘less active and more competitive’ but sees workplace flows soar
BPA transaction secures the benefits of more than 1,250 members of the scheme
Transaction secures the benefits of 540 pensioners and 1,050 deferred members
BPA transaction fully secures the benefits of all 115 members of the scheme
Firm’s Q1 trading update says BPA growth will be weighted towards second half of year
Funded reinsurance deals will face enhanced regulatory requirements
Deal is the first external buyout Utmost has completed since entering the market in 2024