SP
Suraysha Pather-Naiker

1 reviews | Active since Sept 2018

02 Dec 2023, 07:42

Extremely poor service. Zero feedback

I am extremely disappointed, having started a new job at the beginning of this year, it was compulsory that i take out a provident fund with Alexander's Forbes "LEGAL PROVIDENT FUND ". According to the calculations i am contributing 2.5% of my salary and my company is contributing 2.5% in total it is R4006.00 for the past 7months i have only accumulated about R27000 give or take. What im struggle to understand is that is i have a Discovery Provident separately which i have been contributing R600 a month and has made a turnover of R12000 for this year, this is extraordinary that 200% whilst Alexander Forbes is doind absolutely nothing in terms of growth or compound interest. Now i wish to speak to them to enquire whether my company can continue contributing whilst i stop my 2.5 contribution and they are avoiding me. No feedback or calls or responses besides the standard copy and paste email. I am disappointed my money is stuck and i want it out. And this horrible insurance company just wouldnt assist in any way. If i could give them a 0% rating i eould and i will tell every person to think twice before giving them your money. In my case i donot have a choice that right was taken away from me.

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Replies (1)
Alexander Forbes Financial Services
Alexander Forbes Financial Services's reply04 Dec 2023, 08:02
Official
Dear Suraysha

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 and apologies for the inconvenience caused. 

We will investigate your query and provide feedback with the contact details provided. 

Kind Regards 
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