A
Anonymous

1 reviews | Active since Jan 2020

14 Jan 2025, 10:27

ALLAN GREY UNABLE TO TAKE INSTRUCTIONS ON INVESTMENTS

In April last year I drew 1/3 of my retirement fund signed up for the living annuity Alan Grey then sent me a email to say the anniversary date is May I sent a email and said NO the funds must be paid in January - MY MONEY - I queried this with the call center and they informed me no the funds will be paid in May I told them NO, I issued you with a instruction I expect it to be done. I sent the call center agent the trail of emails where this email was included they still couldn't find it and denied receiving it Defamation ??? If I had known that Alan Grey staff could not get a instruction I would have not bought the living annuity. I was told that SARS would not agree I called SARS they no problem and said the monies must be declared ???? I was told that you have no right (YOUR MONEY) to cede a policy nor do you have the right to draw money if you are sick to claim the opposite to what was claimed. My question to Alan Grey IS why my email was never answered I want my money as you were instructed, I was told by your call center agent to go to the OPFA will this be necessary. THIS IS NOT THE FIRST I HAD TO TAKE ALAN GREY TO THE OPFA FOR NOT TAKING INSTRUCTION

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Replies (2)
Allan Gray
Allan Gray's reply14 Jan 2025, 16:14
Official
Dear R CATHERINE Wilding

Thank you for taking my call earlier.

As discussed, we are attending to this as a matter of urgency and we will provide further feedback tomorrow.

If you have additional concerns in the interim, please contact me on ***or email me at ***.

Yours sincerely

Joshua Herd | Client Relationship Manager

Allan Gray
Allan Gray's reply31 Jan 2025, 16:08
Official
Dear R CATHERINE Wilding 

As previously discussed, we have adhered to all necessary processes to comply with the relevant legislation. Additionally, we can confirm that all dates and information were clearly communicated and agreed upon before your investment was opened.

We regret that we have not been able to resolve this issue to your satisfaction, as the legislation governing your investment restricts further access to the funds within your investment.

Should you wish to discuss this further, you’re welcome to visit our offices, to contact me on ***, or email me at ***.

Yours sincerely

Joshua Herd | Client Relationship Manager