Utmost Life and Pensions completes four full scheme buy-ins totalling £177m in 2025

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.”