Pension Virtual Sensitization Forum on 13.09.2021 - Mortgage Regulations 2020
In September 2020, an amendment was made to the RBA regulations in order to enable members of pension schemes to access part of their retirement benefits for the purposes of purchasing a residential house. The Scheme's Trust Deed and Rules has been amended to comply with the RBA regulations.
To operationalise the regulations, the Board of Trustees has prepared the attached rules and procedures for utilizing a portion of the pension benefits to purchase a residential house.