AL
Anna L

1 reviews | Active since Feb 2013

11 May 2018, 19:37

Allay Gray's (South Africa) incompetence

I am utterly disgusted by the service I have received from Allan Gray today. This has displayed sheer incompetence. This is my story. I have an investment product with Allan Gray which I wanted to access, needless to say that I didn't just wake up and decide to access the funds, there were reasons, very serious reasons which are unfortunately time based. So I contacted Allay Gray's consultants, asking what I needed to do in order to access the funds. I was given guidance on this. I was given the forms that I needed to complete and told to that I needed to wait for five working days following submitting the completed forms for the funds to be in my account. This I was told last week Thursday, the 3rd of May 2018. I comp**** and submitted the forms and waited patiently. Today, being the due date, I decided to contact them to follow up after I noticed that nothing was coming through my account. To my shock, I was told that my claim hadn't been processed. basically, the consultant forgot process it. My claim was only processed following my call today. Had I not followed up, I was going to wait forever. I spoke to the line manager who was also of no help, telling me that there was nothing that could be done and that she is "sorry"! I REFUSE to accept this kind of ignorance and utter incompetence, how does one "just forget" to do a job? how can that be taken as a valid reason with no consequences at all? why must I be made to wait further for an error that was not mine? This is a disappointment, especially from a reputable entity like Allay Gray. Needless to say I will never advice anyone to use them and be as inconvenienced as I was.

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Replies (2)
AL
Anna L's update13 May 2018, 20:25
Reviewer Update
I would like to say thank you very to Nomi Bodlani from Allan Grey who responded to my query in less than 2 hours after seeing my review on hello peter. Nomi you are the kind manager that understands that procedure stops when the client is not happy about the service, you attended my query quicker than the line manager who just sent an "I apoogise" e-mail. Many Thanks to you.
Allan Gray
Allan Gray's reply14 May 2018, 16:47
Official

Dear loveylesese

Thank you for allowing us the opportunity to investigate the delays with your withdrawal instruction.

As per our telephonic discussion, this was due to miscommunication between Allan Gray, your independent financial adviser’s office and yourself.

We apologise for the inconvenience and frustration we have caused and are glad that you afforded us the opportunity to resolve the issue.

Yours sincerely

Khatija Jazbhay | Client Relationship Manager