Just Group outcomes for the six months to finish of June 2025 reveal an underlying working revenue of £192m down from £249m for the primary half of 2024.
The pension and lifelong mortgage specialist stated the drop in profits was pushed by decrease new enterprise margins on decrease gross sales, offset by greater recurring in-force revenue.
Retirement revenue gross sales for the interval got here in at £2.2bn -down from £2.5bn for half-year 2024.
Commenting on the newest figures group chief govt David Richardson stated: “I’m happy with the efficiency within the first six months of 2025, significantly given the quieter degree of transactions within the outlined profit (DB) market at first of the 12 months. With a number of alternatives out there to us, the second half of the 12 months is already shaping as much as ship a robust six months of gross sales for the group.”
“We stay disciplined, proceed to execute strongly and are investing within the enterprise to help our future development. We are placing all of the constructing blocks in place to construct on the substantial progress we’ve delivered. We function in basically engaging markets and are assured in our capability to persistently compound worth.”
On 31 July 2025, the corporate introduced the really helpful money provide for Just by Brookfield Wealth Solutions.
