Partnership Assurance Group

In 2005, Phoenix Equity Partners provided funding that facilitated a management buyout of the Pension Annuity Friendly Society. Three years later, the company became part of Cinven after completion of an acquisition exercise. In 2016, Partnership Assurance merged its business assets and operations with Just Retirement. The result was a single and larger corporation called JRP Group.

The new company offers a mix of products and services that constituent companies provided. Some of the which included retirement products and services, helping individuals access property wealth, offering retirement solutions for companies, and helping trustees and scheme sponsors to manage pension schemes, among others.

JRP Group plc, also called Just Group Plc trades on the London Stock Exchange with JUST as the stock symbol. The company is headquartered in Surrey, the United Kingdom. Cinven, the initial majority owner of Partnership Assurance, owns a substantial share of JRP Group plc, approximately 5.5% of the company.

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