Mortgage laws review to pave the way for pension house loans

Retirement Benefits Authority (RBA) chief executive Nzomo Mutuku. FILE PHOTO | NMG

The pension industry regulator says mortgage loans regulations are undergoing a review to allow scheme members to use a slice of savings to buy houses.

Retirement Benefits Authority (RBA) chief executive Nzomo Mutuku said pension savers would benefit once the guidelines are gazetted.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.