Just Retirement: Record sales achieved during second quarter

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Just Retirement: Record sales achieved during second quarter

Provider of financial services Just Retirement has revealed that it achieved record sales in the three months to June 30th.

Overall, sales of its annuity policies during this timeframe reached £191.2 million, it revealed - representing 50 per cent growth compared to the previous quarter and year-on-year gain of 33 per cent.

This leaves Just Retirement's share of the UK market over the last year at around five per cent, it added.

Chief executive of the organisation Mike Fuller said: "This performance is a validation of the profit-focused strategy we have been operating throughout the last year, during which we have concentrated on maximising returns to shareholders rather than competing with irrational rates."

Just Retirement's campaign for better annuities, which was launched 2007, saw more than 6,000 independent financial advisors sign up and received significant support from industry figures.

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