Schroders to manage £400m following Utmost Life and Pensions partnership

Deal follows Utmost’s entry into BPA market at the end of last year

Jonathan Stapleton
clock • 1 min read
James Barham: There is significant demand for pension risk transfer in the UK
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James Barham: There is significant demand for pension risk transfer in the UK

Utmost Life and Pensions has appointed Schroders as manager for nearly £400m of annuity book assets.

Utmost Life and Pensions – part of Utmost Group – operates both a closed UK life and pensions business and announced its entry into the bulk purchase annuity (BPA) market last November. The deal...

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