DN
Danelle N

1 reviews | Active since Jul 2025

30 Jul 2025, 11:43

Urgent: Incorrect Tax Code on Pension Fund Transfer

I am writing to urgently address an issue regarding my recent tax submission. I have been informed by SARS that I owe an amount due to a withdrawal recorded from my pension fund. However, no withdrawal took place — my pension fund was transferred from Alexandra Forbes to iTransact.

It appears that the tax code used by Alexandra Forbes incorrectly indicates that I withdrew the funds, which has resulted in an inaccurate tax assessment and unfair taxation. This is a critical error that needs to be corrected immediately.

I have already phoned your office twice to request a correction, but have received no feedback or resolution to date. I am extremely concerned, as this is delaying my tax finalisation and potentially affecting my financial record.

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Replies (1)
Alexander Forbes Financial Services
Alexander Forbes Financial Services's reply30 Jul 2025, 13:10
Official
Dear Danelle, 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 Customer Insights and Escalations