BPA

Funded reinsurance deals will face enhanced regulatory requirements

Deal is the first external buyout Utmost has completed since entering the market in 2024

Transaction with unnamed scheme secures the benefits of over 750 members

Transaction secures the benefits of all 452 scheme members

Firm’s full-year results show 65% year-on-year growth in BPA sector

Firm’s annual results show workplace pension membership has reached 2.2 million savers

BPA transaction secures the benefits of more than 3,600 pensioners and deferred members

Insurer’s full-year results show its assets under management were over £39bn

Comes as the firm’s Clarity solution for smaller pension schemes hits 100 deals

Transaction secures the benefits of 125 pensioners and dependants and 45 deferred members