Tag Archives: Open Market Option (OMO)

This is the option an individual has when they reach retirement age and wish to convert their accumulated pension into an income by way of annuity.The open market option (OMO) is the freedom to ‘shop around’ for the best annuity rate rather than defaulting to that offer by the existing pension provider

EU Directive On Gender Equality Is Coming
EU Directive On Gender Equality Is Coming

From 21st December 2012 (known here as G-day), changes to the EU Gender Directive will [...]

31
May
Pension Annual Allowance Cut
Pension Snippets

Government Eyes Pension Annual Allowance Cut It is understood that the Government is considering reducing [...]

21
Feb
Guaranteed Annuities
Choosing The Right Option At Retirement – Guaranteed Annuities

There are numerous options for producing income in retirement from your accumulated pension funds. In [...]

06
Feb