Utmost Group sees year end assets leap 22% to over £36bn

Mark Battersby
clock • 2 min read

Utmost Group, which aims to complete the purchase of Quilter International by the end of this year, unveiled assets under administration of £36.7bn at 31 December 2020, compared to £30.1bn at the end of 2019 on the back of the Equitable Life acquisition and strong market performance. In the 2020 full year results statement today (28 May), Utmost also reported annual premium Equivalent (APE) at £180m in 2020 compared to £173m in 2019, which it attributed to its sales and marketing terms working closely with distribution partners despite the challenge of being unable to meet in person for ...

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