Market

As the populous baby boomer generation starts to reach retirement age, the annuity market is starting to see the effects. There is a huge opportunity for advisers who choose to get involved with this growing market, some of the factors that are driving this growth include:

• Over 1 million people currently retire every year
• The number of people aged 60+ is set to reach 14 million by 2010
• The annuity market has tripled in size in the last 15 years
• In 2008, premiums in the annuity market were over £11.6 billion and over 450,000 contracts were sold
• This is projected to grow to £20 billion by 2012.

As a specialist provider of retirement products and services, Just Retirement is dedicated to helping advisers make the most of the continued growth in the market and we have provided a range of resources to help you raise your game.

Links to some of these can be found below.

Useful Links

Enhanced and impaired case studies
Annuity basics
The Campaign for Better Annuities
Can you afford to advise on annuities? Use the annuity profitability calculator to find out