At the time of TDR Capital’s investment, Retirement Advantage was a specialist in the UK retirement income market. The company’s market-leading primary product was a competitive, guaranteed annuity designed for fixed annual income to retirees. Retirement Advantage was on the cutting edge of UK legislative changes and provided retirees the ability to blend certainty and flexibility through the use of guaranteed annuities and income drawdown in one tax-efficient product. The business was successfully realized through a sale to the Canada Life Group UK (a subsidiary of Great-West Lifeco Inc).