Just Group Plc JUST

Established in 2004, Just Retirement is a specialist UK financial services group focusing on high growth segments of the UK retirement income market. Just Retirement is a leading and established provider of Individually underwritten annuities (“IUAs”) and Lifetime mortgages (“LTMs”) in the United Kingdom.

In the IUA market, it offers better annuity rates compared with standard annuity providers to customers who, as a result of one or more pre-existing medical conditions or lifestyle factors, are likely to have a reduced life expectancy. Just Retirement utilises its unrivalled proprietary IP based on over 750,000 person-years of experience collected over ten years of operations, data capture capabilities, underwriting practices, statistical analysis and an understanding of annuity purchase behaviour, alongside a capital efficient business model, to drive profitable growth.

To date, having underwritten over 66 percent more IUAs than any other provider, Just Retirement has helped close to 200,000 annuity customers achieve a better income in their retirement than if they had taken annuities from standard annuity providers and has helped over 50,000 lifetime mortgage customers release equity from their properties.

Just Retirement is based in Surrey and had 791 employees as at 30 June 2014. The Group’s management team has over 100 years of combined experience in the retirement income industry, and the majority have been part of Just Retirement for a significant period of time. Members of the Group are authorised and regulated in the United Kingdom by the FCA and/or the PRA. In particular, Just Retirement Limited is authorised by the PRA and regulated by the FCA and the PRA, while Just Retirement Solutions Limited is authorised and regulated by the FCA.

It merged with Partnership Group in 2016 to form JRP Group.