Just Retirement officially joined SHIP on 21st February 2005 and brings the number of SHIP members to eighteen*.
Just Retirement launched in August 2004, offering enhanced annuities, and has sought SHIP membership to support its planned expansion into the equity release market. Just Retirement considers that SHIP membership projects a quality mark about a provider and its products, that is vitally important to IFAs and their clients in the equity release market.
SHIP represents over 90% of the equity release sector and a vigorously enforced Code of Practice and professional Rules of Conduct bind all of its members. All providers who apply to join SHIP must have products and processes that comply exactly with the SHIP Code and Rules. This ensures that IFAs and consumers can trust the quality and integrity of products from SHIP member companies.
Jon King, Chairman of SHIP commented:
“We are very pleased to have approved Just Retirement as a new member. They are an exciting new provider, bringing innovative products to the market. As consumer demand for equity release continues to increase, growth in the number of firms in the market and new and competitive product ideas are good for everyone: consumers, IFAs and providers.”
Mike Fuller, Chief Executive of Just Retirement commented:
“I am delighted that Just Retirement is joining SHIP. We are committed to providing solutions for people in retirement and we believe that the measures introduced and promoted by SHIP and its members have been instrumental in improving public confidence and security in equity release.”
