Type Public limited company Industry Financial services Net income £(24.8) million (2015) Founded 2004 | Traded as LSE: JRP Operating income Revenue 2.567 billion GBP (2015) Headquarters Reigate | |
 | ||
Key people Chris Gibson-Smith
(Chairman)
Rodney Cook (CEO) Parent organization Just Retirement (Holdings) Limited | ||
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JRP Group plc, formerly Just Retirement Group plc, is a British company specialising in retirement products and services headquartered in Reigate, Surrey. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Contents
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History
The company, which was established as Just Retirement in 2004, had been listed on the Alternative Investment Market until it was bought out by Permira in 2009.
It launched a fixed-term product that links with enhanced annuity rates in 2011 and then set up a pensions de-risking arm in 2012. It went on to join the long term care market and to offer individually underwritten annuities in 2013.
The company was the subject of an initial public offering in November 2013.
In April 2016 the company merged with Partnership Assurance and was renamed JRP Group.
Operations
The company provides annuities to retirees with serious health conditions such as heart disease and to heavy smokers. The products pay out a higher income than the usual products.
Sponsorship
The company has been the sponsor For the World Bowls Events for 2014, 2015 and 2016. Under the 'Just' brand the company also sponsored the event for 2017.