Underwritten annuity specialists Just Retirement and Partnership are set for a £1.7bn merger after retirement flexibilities introduced in April triggered a collapse in the individual annuity market.
The recommended all-share merger agreed by the two boards will see Just Retirement shareholders own approximately 60% of the combined company, JRP Group, with Partnership investors holding the rema...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
