KM
Kebeditswe M

1 reviews | Active since Mar 2026

31 Mar 2026, 10:22

Shocking Service and Complete Disregard for Clients’ Funds

My experience with Alexander Forbes has been nothing short of shocking and unacceptable.

My withdrawal claim (***4) shows “Payment”, yet I have received nothing. Instead, I have been subjected to endless delays, contradictory information, and being sent from pillar to post with no accountability. Consultants provide inconsistent responses, and there is clearly no coordination or ownership of client matters.

Even after complying with every request—including submitting a pension-backed loan settlement letter promptly—promised payment dates have come and gone with no explanation. The matter was escalated, yet that has made absolutely no difference. It feels like escalation is just a box-ticking exercise with no real intention to resolve issues.

For a company entrusted with people’s retirement funds, the level of disregard, lack of urgency, and poor treatment of clients is deeply concerning. At this point, it genuinely feels like clients are treated as an inconvenience rather than a priority.

Based on this experience, I would strongly caution anyone against associating with Alexander Forbes.

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Replies (2)
Alexander Forbes Financial Services
Alexander Forbes Financial Services's reply31 Mar 2026, 11:44
Official
 Dear Kebeditswe,

At Alexforbes, our clients are important to us, and I am sorry to learn that you are 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 the matter and provide feedback using the contact details you have provided. 

Regards
Alexforbes Customer Experience 
KM
Kebeditswe M's update31 Mar 2026, 12:04
Reviewer Update
Thank you for the response, but acknowledgement and investigation are not sufficient at this stage.
This matter has already been ongoing, escalated, and remains unresolved despite my claim reflecting “Payment”. I have provided all requested documentation, including the Standard Bank settlement letter.
I require this matter to be resolved today, with confirmation of payment release or proof of payment. Further delays and generic responses are unacceptable.
Kindly prioritise urgent resolution.