Can I Get A Loan Against My Pension Investopedia

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Posted on August 31, 2018 at 06:10 AM

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How do I go about taking out a loan against the GEPF?
Question: Good day. I have been a government employee for the past 12 years. I would like to know if I can withdraw or take out a loan against my pension fund via my employer (Government) and, if so, who do I speak to or how do I go about doing this?
The UK's leading online pension resource ...
You can apply for a pension loan against all types of pension funds such as Money Purchase Pension Schemes and private pension schemes. You are most likely to have at least £20,000 to £30,000 in your pension fund in order to qualify for a loan with most of the providers in the UK.
Loan Against Pension - Productive Pensions
Loan Against Pension Explained Borrowing money against the value of your pension can be an excellent way of making your pension fund work better for your financial situation. A pension loan can be used for anything you want and is often used as an alternative way of funding a business.

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