Just Retirement Solutions merges with The Open Market Annuity Service

HUB will provide a range of retirement-focused services including software development and customer services through to a range of regulated advice, guidance and broking solutions which provide access to products from the Just Group and providers from across the market.

The new combined business is now the largest distributor of guaranteed income for life solutions in the UK with approximately £300m of GIfL investments arranged via its services each year.

HUB Financial Solutions employs around 160 people, including more than 30 fully qualified and experienced financial advisers. Its employees are based mainly in Belfast and Reigate, working with approximately 5,000 customers per month via the web, over the telephone and face-to-face.

Simon Gray, managing director of HUB Financial Solutions, commented: “The two businesses, TOMAS and JRS, complemented each other and it made complete sense for us to bring them together to achieve synergies and create a more powerful combined business. Together we are stronger and we are combining our skills and resources to enable us to better meet the needs of our corporate clients and their individual customers.”