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Utmost sees 22% growth in AUM to £36.7bn By Michael Klimes 28 th May 2021 8:01 am Specialist life assurance provider Utmost Group saw assets under administration (AUA) grow to £36.7bn over 2020. This was driven by the completion of the Equitable Life business transfer early last year that added £6bn to AUA according to annual results published today. The results up to 31 December 2020 demonstrate how the company has weathered the pandemic. Value of new business was £30m last year, an increase of 7% compared to 2019 of £28m. Utmost Group’s principal businesses are Utmost International and Utmost Life and Pensions, which together are responsible for around £37bn of primarily unit-linked policyholder assets for c. 510,000 customers.

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