Leading provider of insurance and savings solutions
Leading provider of insurance-based wealth solutions
Closed UK life and pensions business
03 March 2022
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.
In respect of Utmost Life and Pensions we have no discernible Russian national or resident clients.
Utmost Group has no direct exposure to any Russian assets. Our policyholders have less than £200m of Russian assets or funds partially invested in Russia within their unit linked funds.
Utmost Group continues to comply with all recent restrictions and regulations in respect of Russian assets and clients.
For the foreseeable future Utmost Group will not be accepting any new business from Russian nationals.
Anne Marie Shepherd, Head of Strategy and Corporate Affairs
Tel: +44 (0)203 861 4347 / Email: annemarie.shepherd@utmostgroup.co.uk
Utmost Group plc is a leading provider of insurance and savings solutions. Its principal businesses are Utmost International and Utmost Life and Pensions, which together are responsible for approx. £62bn of primarily unit-linked policyholder assets for around 570,000 customers. Utmost Group plc is subject to Group Supervision by the PRA.
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