Lauren Parkerway

PenCom to allow workers use pensions for mortgage

The National Pension Commission, has commenced approval for workers to use 25 per cent of their Retirement Savings Accounts as mortgage. It disclosed this in a statement on Friday, titled, ‘PenCom approves guidelines on accessing Retirement Savings Account balance, for payment of equity contribution for residential mortgage by RSA holders’. The statement said, “PenCom is

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