Utmost Life and Pensions completes four full scheme buy-ins totalling £177m in 2025
The deals cover benefits for 1,127 pensioners and dependants, along with 1,365 deferred members.
Utmost Life and Pensions completed four full scheme buy-ins so far in 2025, with new business premiums totalling £177m.
The deals cover benefits for 1,127 pensioners and dependants, along with 1,365 deferred members.
PwC and Isio each acted as lead brokers on two of the transactions.
The in-house legal team at Utmost Life and Pensions was supported by CMS UK.
Gary Needham (pictured), head of BPA business development at Utmost Life and Pensions, said: “These transactions demonstrate the strength of our proposition in the pension de-risking market.
“We continue to see strong demand from schemes looking to secure their members’ benefits and Utmost offers a new and attractive choice.
“We are delighted to have had the opportunity to work with the Trustees and their advisers to successfully complete these buy-ins and secure positive outcomes for their members.”
Related
Pension scheme funding holds firm despite volatile May – Broadstone
Intense insurer competition drives record buy-in pricing for DB pension schemes – LCP
PPF surplus rises to £263.8bn as asset and liability values increase
Pension schemes face governance gap as admin scrutiny intensifies, warns Law Debenture
Canada Life completes £36m buy-in with HSB Engineering Insurance Services pension scheme
Standard Life secures £200m buy-in for Abbey Life pension scheme members
Standard Life launches Sharia Lifestyle Strategy for workplace pensions
Pensions Minister sets out consultation to protect pension savers from SSAS scams
Majority of under-40s back proposal to access state pension early
One in eight young adults say pensions are “pointless” as retirement feels out of reach – People’s Pension
Just Group completes £220m buy-in to secure Church of Scotland pension benefits
