MK
Marthie K

1 reviews | Active since Jan 2019

08 Dec 2025, 21:25

1 star is 5 stars too many 6 months and counting for money that is legally mine to be paid out.

Complaint: Unreasonable Delays and Lack of Accountability – AlexForbes Withdrawal I resigned from my fund with AlexForbes in June 2025. Prior to submitting my claim, I confirmed multiple times with your consultants that everything was in order and that the standard three-month employer waiting period app**** before payment would be finalised. Despite this, I have been subjected to unnecessary delays, contradictory information, and a complete lack of ownership from your team. I was informed that SARS requirements were outstanding, so I went through the trouble of resolving everything myself, obtained the tax PIN, and submitted all requested documentation. I have been told repeatedly that the documents were not attached, despite sending them multiple times. I have spent hours on the phone, speaking to various consultants, yet no one takes accountability and no senior person has contacted me to resolve this. Every time I call, I am given another excuse, another delay, and no clear timelines. I am tired of being told to wait while nothing happens. Let me be absolutely clear: THIS IS MY MONEY – not yours. I have met every requirement placed before me. I have comp****, I have submitted documents repeatedly, and I have done everything expected of me. AlexForbes is now ********ly withholding my funds through administrative incompetence, lack of communication, and a complete disregard for client urgency and financial wellbeing. The delays are causing financial strain and stress that could have been avoided if your processes were competent and your staff accountable. I demand the following: Immediate resolution of my withdrawal and payment process A senior manager assigned to my case who will take ownership Written confirmation of what, if anything, is outstanding – with evidence Clear timelines for finalisation and payment I will escalate this matter further to the Pension Funds Adjudicator and the FAIS Ombud if this is not resolved as a matter of urgency. AlexForbes is a financial institution entrusted with people’s retirement savings. Treating clients with this level of disregard is unacceptable and *********. I expect prompt action and feedback. Ian Kruger

0
Replies (2)
Alexander Forbes Financial Services
Alexander Forbes Financial Services's reply09 Dec 2025, 15:57
Official
Dear Marthie, 

At Alexander Forbes, our clients are important to us, and I am sorry to learn that you’re dissatisfied with our service. Thank you for taking the time to bring this to our attention.  
 
We hereby acknowledge receipt of your complaint. 
 
We will investigate your complaint and provide feedback on the contact details provided.   
 
Regards 
Alexforbes Customer Experience 
MK
Marthie K's update06 Jan 2026, 16:31
Reviewer Update
Good afternoon So nearly a month after this complaint. We are still waiting after 2 incorrect sars applications we are now in the 7 to 14 days why must this also take so long surely if someone has waited 6 months the 7 to 14 day rule should be rather lets keep the client happy and press the button sooner come on guys this is 2026 it cannot be that difficult. or do you still use a wheelbarrow to transfer money.