AL
Alan L

1 reviews | Active since Mar 2019

11 Mar 2019, 04:18

Has ABSA ****** my ****'s provident fund?

In 1995 I started a provident fund for our ****. At some stage it was taken over by ABSA Small Business Provident Fund. In 2016 I was informed that contributions would cease as she turned 70. My **** now wishes to retire and to cash in her fund. The last statement I received was 1 May 2016, Despite several emails and phone calls to various ABSA call centres I have been unable to obtain a statement or advice on how to cash in the policy and what to do with the proceeds. In desperation I asked a professional financial services advisors for assistance. Their attempts were unsuccessful because they were not "appointed brokers".

0
Replies (1)
Absa
Absa's reply11 Mar 2019, 10:01
Official
 Dear Customer
 
 Thank you for bringing this matter to our attention. Kindly provide us with your helper's account/ID number to log a formal complaint for investigation. Also use the private reply for me to see the details. We will investigate the matter and furnish feedback shortly.
 
 Kind regards
 Nthabiseng Sibande
 Group Customer Care
 Absa Bank Ltd