The developments to its Finnish product range support the Group’s strategy to maintain and grow its presence across existing target markets.
Utmost Wealth Solutions, part of Utmost International, a leading provider of insurance-based wealth solutions, today announced the launch of Wealth Portfolio Finland – a new unit-linked, single premium product for individuals resident in Finland and corporates registered in Finland.
Wealth Portfolio Finland offers options for both affluent and High Net Worth clients. The product offers a broad range of investment options designed to suit clients’ needs, including equities, bonds, funds and structured products. Clients can choose to self-manage their plan portfolio and make all investment decisions themselves or nominate a discretionary fund manager to manage the plan portfolio on their behalf in line with their chosen investment strategy, or a mix of both management options.
Wealth Portfolio Finland includes other attractive features including the choice of a life insurance variant or a capital redemption1 variant, secure online servicing and the flexibility to pay premiums in different ways in a range of currencies.
Speaking at the launch, Paul Thompson, Utmost Group Chief Executive Officer said:
‘I am delighted to officially launch Wealth Portfolio Finland. Finland is a core growth market for Utmost and the development of this new product demonstrates our commitment to the Finnish market. During the product development stage, we consulted with distribution partners and their feedback was key to shaping our overall proposition. The launch of Wealth Portfolio Finland meets the increased demand from distributors for straightforward wealth planning solutions.”
For more information about the new Wealth Portfolio Finland product, please contact Anita Teistela, Head of Investment Planning Sales in Utmost Wealth Solutions at Anita.Teistela@utmost.ie
1 Expected to be available from 01 December 2022
About Utmost International
Utmost International is a leading provider of insurance-based wealth solutions and operates across the UK, Europe, Latin America, Asia and the Middle East. Its two core businesses are Utmost Wealth Solutions and Utmost Corporate Solutions. Utmost International manages £56bn assets under administration on behalf of c.210,000 policyholders as at 31 December 2021 and wrote £4.8bn new business in 2021.
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