Can I borrow money from my retirement fund?

Question:

can I borrow money from my investment as loan and pay back in installments?

Answer:

Gcobisa,

If by "investment" you mean your retirement fund (pension, provident or retirement annuity fund), then the answer is "no".

The information and answers supplied in this section do not constitute advice as defined by the Financial Advisory and Intermediary Services Act, 37 of 2002.

Category: Retirement Annuity

Topic: Customer Questions

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