Utmost Life and Pensions

Craig Turnbull and Rosie Fantom look at regulatory shifts and longevity trends

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

Deal is second transaction for fledgling bulk purchase annuity insurer

DB surplus extraction plans, £25m buy-in, bulk annuity sustainability collaboration launch

Partnership will see Mantle provide ‘end-to-end’ support throughout the risk transfer process

Provider confirms entry into the market following completion of £20m buy-in last year

Organisation predicts ‘sustained’ growth in BPA market

Hymans estimates total bulk annuity volumes for the year will be between £40bn and £45bn

Chancellor’s Mansion House speech, TPR DB Funding Code, Utmost enters BPA market

Utmost’s ‘thoughtful entry’ into the BPA market ensured a ‘streamlined process’