Utmost Wealth Solutions announces the launch of two new products in Finland – Target, our new regular savings product, and Future, our new voluntary individual pension product.
Target is a new regular savings proposition combining a unit linked life assurance plan with a range of investment funds selected from leading investment managers. Target will replace our current Vision product.
Our new Future product shares many of the same product features as Target and it will replace the current Advantage (Corporate) product.
Planholders will benefit from lower product and investment charges, with simplified fee structures, as well as tax deferral on income and gains. The products offer unlimited free fund switches and access to fund selection tools from Morningstar. Planholders will have access to our dedicated client service team as well as our Online Service Centre to get the most up-to-date information on their plan.
The launch of Target and Future means that there will be a phased withdrawal of the existing Vision and Advantage (Corporate) products in Finland.
Speaking at the launch, Paul Thompson, Chief Executive Officer of Utmost Group said,
”Utmost Wealth Solutions is delighted to continue to support the wealth and retirement planning needs of Finnish customers, demonstrated by the launch of our new Target and Future products.
We continue to deploy our knowledge and expertise to deliver products that meet the needs of our customers and, in line with our strategic goals, provide good outcomes and value for money. Our clients and partners can continue to count on our expertise and commitment to the market, supported by our service excellence and strong digital capabilities for a streamlined service.”
About Utmost International
Utmost International provides international life assurance to affluent, high-net-worth and ultra-high-net-worth individuals through Utmost Wealth Solutions, and group risk and savings solutions to multi-national corporates through Utmost Corporate Solutions.
In 2020, Utmost International had £30bn of assets under administration, 130,000 customers, and wrote £1.6bn of new business premiums.
It was formed through the acquisition of insurers that were previously owned by major insurance groups. Uniting them under a common strategy and achieving significant synergies has created a financially and operationally robust insurance group that is strongly positioned to win new business.
For further information, please contact:
Utmost Group Limited
Anne Marie Shepherd, Head of Strategy and Corporate Affairs
Tel: +44 (0)203 861 4347 / Email: [email protected]