Filed Under:Annuities, Fixed Indexed

Just Retirement plans to increase sales of pension annuities

(Bloomberg)--Just Retirement plans to increase sales of pension annuities to smokers and people with impaired health by boosting its presence on price comparison websites, the Financial Times reports, citing CEO Rodney Cook.

  • Price comparison sites’ sales currently make up less than 1% of co.’s premium income, FT says

  • Cook said the deceleration in sales via independent financial advisers is temporary; intermediaries to remain important sales source: FT

  • NOTE: Just Retirement held IPO on Nov. 12; shares up 15% since then, up 16.4% since start of Jan.: data compiled by Bloomberg

See also:

Copyright 2016 Bloomberg. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Featured Video

Most Recent Videos

Related resources

More Resources


Power your business with up-to-the-minute insurance news, analysis, and best practices from LifeHealthPro Daily eNewsletter – FREE.

Power your business with LifeHealthPro Daily eNewsletter – FREE.

Enter a valid email address.
Nichole Morford

Nichole Morford
Managing Editor

Thank you for subscribing to LifeHealthPro Daily!

Check Out More eNewsletters Now! Close

Advertisement. Closing in 15 seconds.