Just Retirement does £68.6m equity release

Sarah Davidson

May 8, 2012

The lender also announced record total group sales of £381.8m up 31.7% and annuities sales of £313.2m – an increase of 35.2%.

Rodney Cook, chief executive officer of Just Retirement, said: “Just Retirement sales results for the 3rd quarter ending 31 March 2012 are the highest since the business was formed.

“Total Group sales for the quarter increased by over 31% compared to the previous year and by over 32% for the 9 month period.

Equity release market experiences fastest growth in a decade

“Sales for the Group in 2012 show an upward trend for both products and we expect to maintain a competitive position in both markets to enhance our market leading position.”