HOW TO USE YOUR PENSION CONTRIBUTIONS TO PURCHASE YOUR HOME
For the first time, you are now able, as a pension contributor, to utilize part of your contribution to secure your own primary home in accordance with guidelines that were recently issued by the National Pension Commission (PenCom). This new innovation is possible as a result of the amendment of the original Pension Act to allow Pension Fund Administrators (PFA’s) invest directly in real estate, which was not permitted under the old pension law. With this development you can [...]