Question:
I worked for Netcare; can I lend money from my pension fund with Alexander Forbes?
Answer:
Petro,
You can only lend money from your pension fund for very specific purposes (essentially housing-related, as contemplated by s19(5) of the Pension Funds Act) and only if this is permitted by your general and/or special fund rules. You would have to consult your HR department, to make further inquiries.