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(December 13, 2008) 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 ..
(December 13, 2008) When then time finally comes to give up work, it is important that you have thought about how you will have an income. To enjoy life to the full, a regular source of cash will be needed, and this is what the pension fund is supposed to supply after all these years. Before you finally do retire, ..
(December 13, 2008) With retirement steadily approaching, some people might assume that they will automatically get an income from their pension from day one, and they need not do anything before the big day. But it is up to an individual as to how they turn a pension fund into their regular income for their twilight ..