Total annuity sales were up 64% to £412m whilst equity release sales increased by 8% to £78.6m.
Rodney Cook, chief executive officer of Just Retirement, said: “I am pleased to announce record sales results across all categories of Just Retirement’s business.”
However Cook said the high sales volumes were as a result of financial advisers bringing business forward and that he expects next quarter’s volumes to be significantly lower.
Just retirement also announced that it had launched into the defined benefit de-risking market during the quarter.
Cook said: “The response from advisers has been positive and we are progressing a healthy pipeline of quotations.”