Utmost Group is pleased to announce that it has achieved a carbon neutral status in its operations in 2021 for the second year running. The Group has committed to be carbon neutral in its operations each year under the environmental impact pillar of its sustainability strategy.
Today, Utmost Group plc has published both its Annual Report and its Group SFCR for 2021.
Today, Utmost Group plc (“UGP”) has announced a strong set of results. 2021 was a seminal year with the Group achieving a number of milestones and delivering on its KPIs.
Utmost Wealth Solutions, part of Utmost International, the leading provider of insurance-based wealth solutions, today announces the launch of its market-leading Private Wealth Portfolio product for the HNW and UHNW markets in France.
At this time all our thoughts and prayers are with the people of Ukraine. In respect of Utmost International, less than 1% of our over 210,000 customers are either Russian nationals or residents. These customers account for less than 0.5% of our over £55bn of client assets.
Utmost International assets under administration (“AUA”) grew to £55.9bn at YE 2021, an increase of 9% from YE 2020, supported by strong net flows and positive market movements.
Utmost Group plc, a leading provider of insurance and savings solutions, announces that it is a signatory of the United Nations-supported Principles for Responsible Investment (“PRI”). This demonstrates the Group’s commitment to including sustainability factors in its investment decisions and ownership.
Utmost Group is pleased to announce that Fitch Ratings has rated Quilter International Isle of Man Limited and Quilter International Ireland dac at Insurer Financial Strength (IFS) ratings of ‘A’ (Strong) with Stable Outlooks.
Utmost Group plc (and together with its subsidiaries “Utmost Group” or “the Group”) is pleased to announce the completion of the acquisition of Quilter International from Quilter plc (the “Acquisition”). This follows the initial announcement in April 2021 and the announcement of the achievement of the necessary regulatory approvals on 12 November 2021.
Utmost Group plc (“Utmost Group”) confirms receipt of all regulatory approvals required for the Completion of the acquisition, with Completion scheduled for 30 November 2021.
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.
Following the announcement that Utmost Group plans to acquire Quilter International, Fitch Ratings has affirmed Utmost PanEurope dac, Utmost Limited and Utmost Worldwide Limited at Insurer Financial Strength (IFS) Ratings at ‘A’ (Strong). Fitch has also affirmed Utmost Group Limited’s Issuer Default Rating (IDR) of ‘BBB+’. The Outlooks are Stable. The ratings reflect Fitch’s expectation […]
Utmost Group has entered into an agreement to acquire Quilter International (“the Transaction”), subject to regulatory and other approvals. Under the terms of the Transaction, Quilter will receive approximately £483m in cash assuming completion on 31 December 2021. Quilter International will become a part of Utmost International, the international life assurance business of Utmost Group.
