Just Retirement sales up 12.8%

The results were boosted by annuity sales up 9.6% year on year and equity release sales up 27%. Market shares in both products increased compared to the previous year, with annuities estimated at 5.5% and equity release at 14.0%. Just Retirement also believes the FSA’s announcement yesterday, calling for the fair treatment of annuity customers, will boost demand for enhanced annuities. Mike Fuller, chief executive of Just Retirement, comments: “I am pleased to announce that the company has reported another full year of strong sales growth delivered against a backdrop of challenging ma...