Utmost Life and Pensions

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’