Our history

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

Competing with established names Since our launch in August 2004, we have grown significantly in size and scale. With sales in our 2009/2010 business year of more than £1 billion, Just Retirement has come to be recognised as one of the UK's leading providers of financial retirement solutions. 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.

To find out more about how we have grown over recent years, why not take a look at our timeline?

Year Achievements
2010
  • Our annual revenue grows to over £1bn per year
  • 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 (TOMAS) from Kerr Henderson – regarded as the leading provider of systems & services assisting providers, advisers, trustees and employee benefit consultancies to streamline the end-to-end annuity advice process
  • In the adviser market, our 'Majority' campaign promotes new research showing that 60% of people 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 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'
  • Expand into additional offices in Reigate
  • 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 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
  • We are growing 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
  • 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.

 

Our financial strength

Find out about our sound financial backing

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