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Just Retirement appoints three new directors

Just Retirement has appointed three senior executives as it looks to ramp up its distribution capabilities and product range.

Former Living Time marketing director Steve Lowe becomes director of external affairs focusing on public relations, public policy, industry co-ordination and knowledge leadership.

Mark Hawthorne joins the life assurance group as commercial director from Alico, where he was assistant general manager. Hawthorne’s work will include new partner and intermediary propositions, product development, pricing and analysis.

Peter Borley becomes director of change management following spells at Skandia and Barclays Wealth. He will be responsible for coordinating the firm’s business strategy.

Just Retirement group marketing and distribution director David Cooper told Money Marketing the firm is committed to entering new product markets. He says: “I can assure you we will be in new markets next year. As an educated guess I’d say we’ll move from having two products to having five or six in the next 24 months.

“We are very keen on broadening our retirement income solutions. In two or three years time we will be the provider of a number of income solutions, although they are yet to be defined. We’re also committed to entering the care market in the future, and potentially any other retirement markets that we believe are under-served and potentially viable for us and our shareholders.”


MetLife set for Living Time distribution deal

MetLife is close to a distribution deal with Living Time which will see its sales staff offer Living Time’s fixed-term product. Money Marketing understands Metlife is likely to unveil a distribution deal with Living Time this week before looking to launch its own fixed-term product by the start of 2012.  Metlife’s acquisition of Alico in […]

EU GDP grows 0.5% in Q3 2010

European Union GDP increased by 0.5 per cent while Euro area GDP increased by 0.3 per cent in the third quarter of 2010, according to Eurostat, the statistical office of the EU. In the second quarter of 2010, growth rates were 1 per cent in both zones. In comparison with the same quarter the year […]


Fidelity raises absolute return concerns

Fidelity International has raised concerns over absolute return funds, warning that investors may be being misled by the term. The group says investors may believe they are guaranteed positive returns where many of the funds fail to deliver. The remarks come after Money Marketing yesterday revealed that the FSA was privately advising providers against launching […]

Mortgages: What will the next 12 months have in store

Lending forecasts for 2011 look like following a similar level to 2010, with the Council of Mortgage Lenders predicting lending will be around the same as last year but with property transactions falling by 30,000 to 860,000. Brokers acknowledge this year will be difficult but some say there will be opportunities. London & Country head […]

Childcare - thumbnail

Three questions for employers…

The Family and Childcare Trust’s annual survey has been widely reported in the media and the two headline figures were these: the average cost of a nursery place for a child under two has risen by 33 per cent since 2010; and the costs have risen by five per cent in a single year.


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There is one comment at the moment, we would love to hear your opinion too.

  1. David Trenner - Intelligent Pensions 11th January 2011 at 9:11 am

    Congrats Steve!

    Is Kim soldiering on on his own, or has Living Time stopped living?!

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