The Importance of the Open Market Option 6344335690741381224-blid-4390530422330965922
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Some people who have pension funds may not even realise what this phrase means, but understanding it can mean the difference between a good value pension and a poor one. In essence 'open market option' refers to the right of retirees to move their cash to a different firm so they can get a superior life income compared to their pension fund holder. According to law, an annuitant does not need to purchase an annuity from a firm which organises their pension fund.
from: http://ezinearticles.com/?The-Importance-of-the-Open-Market-Option&id=1789418

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