Retirement Annuity

Can I use my retirement fund as security for a loan?


Do banks offer a loan against a divorce settlement of provident fund and, if so, which ones are in South Africa?


The short answer is no. In terms of the Pension Funds Act, you are not allowed to pledge or cede your retirement fund, or use it as security for a loan (other than a housing-related loan, if the fund rules provide for this).

How can we 10X Your Future?

Begin your journey to a secure future with 10X Investments. Explore our range of retirement products designed to help you grow your wealth and achieve financial success.