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Our history

Just Retirement Limited was created to provide an alternative to other life and pension companies for customers who were either approaching retirement, or have already retired.

Competing with established names

We relish competing with some of the largest and most established organisations in the industry and we believe our specialist approach gives us an edge.

With sales in our 2011/2012 business year of more than £1.4 billion, we have grown significantly in size and scale since our launch in 2004.

Just Retirement has come to be recognised as one of the UK's leading providers of financial retirement solutions.

Our timeline
2012
  • In the Financial Adviser Service Awards we are voted the highest ‘5 star’ accolade in the Life and Pensions category for the eighth year in a row and in the Mortgage Lenders and Packagers category (for equity release) for a fifth successive year.
  • Ranked 40 in the Sunday Times' Top 100 'best companies to work for' 2012
  • Over 128,000 people have become our customers since we launched in 2004
  • One of the largest providers of equity release in the UK (we have lent £1.1 billion in equity release since 2005)
2011
  •  In 2011 we were the largest provider of enhanced annuities in the UK, and the fourth largest provider of all types of annuities
  • We are the first provider to introduce a Fixed Term Annuity with an optional conversion feature to both an enhanced annuity and the Open Market Option  
  • In the Financial Adviser Service Awards we are voted the highest ‘5 star’ accolade in the Life and Pensions category for the seventh year in a row and in the Mortgage Lenders and Packagers category (for equity release) for a fourth successive year. They also award us Company of the Year.
2010
  • Our annual revenue grows to over £1 billion
  • In the Financial Adviser Service Awards we are voted the highest ‘5 star’ accolade in the Life and Pensions category for the sixth year in a row and in the Mortgage Lenders and Packagers category (for equity release) for a third successive year
  • We acquire The Open Market Annuity Service, or TOMAS, a business focused on helping people to make the most of their pensions savings by providing systems and services to companies that help them improve the way they deal with annuities.
  • In the adviser market, our 'Majority' campaign promotes innovative research showing that 60% of cases could qualify for an enhanced annuity through health and lifestyle conditions
  • We are growing and now we have over 500 staff working from our base in Reigate, Surrey
  • Our annual customer magazine launches
2009
  • In the Financial Adviser Service Awards we are named both the ‘Company of the Year’ and voted ‘5 star’ accolades in the Life and Pensions category for the fifth year in a row and the Mortgage Lenders and Packagers category for the second year in a row
  • In November 2009, Avalon Acquisitions Limited, backed by funds advised by Permira Advisers LLP, become the majority owner of Just Retirement (Holdings) Limited and the company is de-listed from the Alternative Investment Market (AIM)
  • We help launch ORIGO Options – reducing the time taken by providers to process annuities
2008
  • Voted ‘5 star’ accolades in the Financial Adviser Service Awards in the Life and Pensions category for the fourth year in a row and the Mortgage Lenders and Packagers category for the first time
  • We steer a steady course through the traumatic months of the 'credit crunch'
  • We expand into additional offices in Reigate, Surrey
  • 4,000 financial advisers sign up to our Campaign for Better Annuities 
  • We continue to grow - now at 300 staff
2007
  • Voted ‘5 star’ accolade in the Financial Adviser Service Awards Life and Pensions category for the third year in a row
  • Revenue grows to £500m per year
  • Campaign for Better Annuities launched to the financial adviser market, encouraging greater use of shopping around, also known as the Open Market Option
  • Equity Release Toolkit launches to encourage more advice to customers seeking to release  tax free cash from their homes
2006
  • Successful lobbying for pension companies to inform people approaching retirement that they can shop around for a better income in a 'wake up' letter
  • Voted ‘5 star’ accolade in the Financial Adviser Service Awards Life and Pensions category for the second year in a row
  • Launch Just Retirement Solutions – offering advice on equity release in conjunction with our inaugural partner Saga.
  • Just Retirement Holdings launches on AIM stock market
  • We grow to 200 staff
2005
  • Voted ‘5 star’ accolade in the Financial Adviser Service Awards Life and Pensions category
  • Revenue grows to over £100m
  • We launch equity release plans for the first time
  • Growing to 100 staff
2004
  • Just Retirement launches with the mission: "To be recognised and trusted as the provider of financial solutions for people at and in retirement" 
  • We offer a new type of product, an enhanced annuity, providing greater income for people who qualify based on their health or lifestyle

 

Our financial strength

Find out about our sound financial backing

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