Article: M2: FINANCE: SMART MONEY: Explain open market option.(Features)

Article: Open market option 'should be' mandatory.
Financial Adviser;  July 17, 2008 ;     700+ words ... ... awareness of the impact that open market option will have on pensions remains ... because they believe taking their open market option is "complicated, time-consuming ... involved in exercising the open market option and of the impact it might ...

Article: News: Scheme member considers ombudsman complaint after ...
Pensions Week;  November 18, 2002 ;     700+ words ... ... prevented him from using the open market option to buy an impaired life annuity ... includes the need to use the open market option when purchasing annuities and ... the trustees should use the open market option when doing so." Aspen Annuities ...

Article: Friends Prov joins OMO system.(open market ...
Financial Adviser;  April 9, 2009 ;     538 words ... ... system, which was created to speed up the payment of open market option annuity transfers. Martin Palmer, head of corporate pensions marketing for Friends Provident, said: "Open market options have grown significantly in popularity as ...

Article: Living Time urges Treasury not to withhold updates on open ...
Financial Adviser;  October 23, 2008 ;     652 words ... ... dropping a promised update on the open market option, from its Pre-Budget Report ... annual updates on how well the open market option is operating," said Dave ... of people exercising their open market option rights. But more importantly ...

Article: Money Letters: Making sense of the open market ...
The News Letter (Belfast, Northern Ireland);  June 15, 2002 ;     700+ words ... ... paragraph which talks about an 'open market option'. I have read this several ... known as exercising your open market option) has not been widely communicated ... have not even heard of the open market option and, therefore, could be ...

Article: Living Time leads OMO wake-up call.(open market ...
Financial Adviser;  April 2, 2009 ;     700+ words ... ... Pawsey Lack of awareness of the open market option could lead to a mis-selling ... because I do not want the open market option not working to become the mis ... by including details of the open market option in clients' paperwork but ...

Article: Show me the way to go OMO; Jon Cudby looks at the impact that the ...
Money Management;  August 1, 2002 ;     700+ words ... ... that do currently exercise the open market option (OMO) is accounted for by ... their right to exercise the open market option. The form that this information ... need to be informed of the open market option whenever they requested a quote ...