Enhanced Annuities have grown in both significance and underwriting coverage from the launch of the first smoker annuity in 1995. The graph to the left plots the more recent growth of the market between 2005 and 2011 (YTD). This has been fuelled by both an increased understanding of the products and the entry of a number of additional providers into the market.

Enhanced annuities are, consequently, taking a greater share of the Open Market Option (OMO) with almost all enhanced annuities in the UK originating from advice given by financial intermediaries.

Just Retirement and Enhanced Annuities

We have been the market leader in annuities that provide improved income, based upon medical and lifestyle conditions, since our launch in the summer of 2004. We have underwritten and provided terms on over 1,500 medical conditions from very minor conditions right up to the most severe, or life threatening, conditions which are often referred to as 'impaired' annuities.

Just Retirement is committed to lead and drive the market forwards by encouraging greater use of the OMO and by helping advisers to establish, through the advice process, if customers qualify for an enhanced annuity.

Useful LinksThe Campaign for Better Annuities
How to establish if your client qualifies   
Just Retirement's Pension Annuity