Autif calling for US style loan facilities

Autif wants the Government to include US style loan facilities on stakeholder. The trade body's Pensions Advisory Group wants the Government to include some of the features of 401(k) schemes Fiach Maguire, chairman of the Autif Pensions Advisory Group, said: "To encourage people to use stakeholder we need to give them access to their savings in case they need them He said 401(k) holders were allowed to withdraw monies in three circumstances ­ as a deposit on primary housing accommodation, for urgent healthcare requirements and to spend on third-level education needs In these cases t...