Eq release boosts Just Retirement sales

The provider's annuity sales fell by 2.9% during the quarter compared to the same period in 2010. However, Just Retirement's total sales for the quarter were boosted overall by its equity release business, which grew by 70.8% compared to the same period last year. During the quarter, Just Retirement's annuity sales were worth £231.6m, compared to 2010's £238.6m. The provider's equity release sales hit £58.4m in the quarter, compared to £34.2m in 2010. Overall, sales in the quarter in 2011 were £290m, representing a 6.3% increase on 2010's £272.8m "Enhanced annuity sales were ...