Utmost Group announces the appointment of James Fraser as its Independent Chairman and Gavin Palmer as an Independent Non-Executive Director.
The new product launch heralds the entrance of Utmost Wealth Solutions into the French market which is an exciting development for the Group.
Utmost Group has announced a strong set of H1 2021 results with good progress across the Group’s KPIs. The Group has written record new business of £1.3bn, assets under administration have grown to £38.1bn and operating profit was £65m for the first half of the year.
Utmost Group is pleased to announce that it has achieved a net zero carbon status in its operations. Net zero carbon is where the carbon emissions caused by our organisation are balanced out by funding an equivalent amount of carbon savings elsewhere in the world.
Utmost Group is pleased to announce that it has become an accredited Living Wage Employer in the UK. Our Living Wage commitment is confirmation that all UK employees at the Utmost Group earn at least the real Living Wage. This commitment applies not only to directly employed staff but also to our third party contracted staff.
We are proud to announce that Utmost Limited have recently become an Isle of Man UNESCO BIOSPHERE PARTNER! After successfully completing the application process, outlining our sustainability and community initiatives and our commitments and ambitions going forward, Utmost Limited has joined the list of Island businesses committed to helping maintain our Island’s unique landscape, culture and heritage.
Utmost Group is pleased to announce that Fitch Ratings has affirmed Utmost PanEurope dac, Utmost Limited and Utmost Worldwide Limited at Insurer Financial Strength (IFS) Ratings of ‘A’ (Strong). Fitch has also affirmed Utmost Group plc’s Issuer Default Rating (IDR) of ‘BBB+’. The outlooks are stable.
Further to the Utmost Group announcement on 1 April 2021 that the Group has entered into an agreement to acquire Quilter International (the “Transaction”), the Group is pleased to announce that the European Commission has approved, under the EU Merger Regulation, the Transaction.
Today, Utmost Group has published its 2020 Full Year Results to 31 December 2020.
2020 Highlights: Utmost Group has delivered a strong set of results for 2020 in a challenging year. As our results demonstrate, our strong values, adaptability and continued focus on our long-term vision have sustained our momentum
Utmost Wealth Solutions announces the launch of two new products in Finland – Target, our new regular savings product, and Future, our new voluntary individual pension product. Target is a new regular savings proposition combining a unit linked life assurance plan with a range of investment funds selected from leading investment managers. Target will replace our current Vision product.