Retirement annuity

Can I borrow money from my Sanlam Provident Fund?

Question:

Hi just want to know if can i borrow money from my Sanlam Provident Fund

Answer:

Bheki, You can only borrow money from your Sanlam Provident fund if your Fund rules permit this and the loan is for a purpose as specified by the Pension Funds Act (ie housing related). Check with your HR department.  

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