Just Group records 36% increase in retirement income sales in 2024

Insurer says it completed a record 129 de-risking transactions throughout the year

Martin Richmond
clock • 2 min read
Richardson: Our performance in 2024 once again proves the strength of our business model
Image:

Richardson: Our performance in 2024 once again proves the strength of our business model

Just Group recorded a 36% increase in its retirement income sales over the course of last year, according to its latest results.

The insurer's business update for the year ended 31 December 2024 showed its shareholder funded retirement income sales rose to £5.3bn, driven by both defined benefit (DB) de-risking and guaranteed...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

DB trustees making 'steady progress' towards endgame targets

DB trustees making 'steady progress' towards endgame targets

Standard Life research shows market volatility and illiquid assets remain key challenges

Martin Richmond
clock 24 November 2025 • 3 min read
Partner Insight: Unlocking the next generation of small transactions

Partner Insight: Unlocking the next generation of small transactions

Joe Hathaway, associate partner in risk settlement at Aon
clock 21 November 2025 • 4 min read
Partner Insight: Data - The new battleground for scheme buyouts

Partner Insight: Data - The new battleground for scheme buyouts

LexisNexis® Risk Solutions
clock 21 November 2025 • 1 min read
Trustpilot