Just Retirement: 'Record' Q4 boosted by annuity sales

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Just Retirement has announced a ‘record' Q4 with a 29% increase in total group sales at £1,464m.

The provider said today that annuity sales increased by £33.8% over the past year to £1,194.9m- boosting the group's performance. Rodney Cook, chief executive of Just Retirement said: "Just Retirement's total sales in the fourth quarter increased by 21.7% compared to the same period last year and are the highest achieved" In addition, over the three months to 30 June, annuity sales increased by a ‘record' 28.2% to £362.3m. Cook said sales have reached target levels as financial advisers are introducing their Fixed Term Annuity, which was launched last year, as a retirement option f...

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