MGvZ
Maria Gertruida van Zyl

1 reviews | Active since Feb 2014

22 May 2018, 15:02

Policy at Allen Grey

My brother died a year ago in a car accident, he was looking after my mother and was engage for 8 months. His Fiance did not stayed with him. He had policies that was made out to my mother and Liberty paid out theirs. Now Allen Gray refuse to pay out because they said the money must go to the fiance because they would have get married in 3 months time and then he would have to take care of her. This Policy of Allen Gray was also made out to my mom. Now they want to tell us that it is legal by law for them to pay it out to the fiance. There are no way that I can think that this can be legal at all.

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Replies (1)
Allan Gray
Allan Gray's reply23 May 2018, 13:38
Official

Dear rmgvanzyl

We extend our sincere condolences to you and your family on the passing of your brother.

Further to our telephonic discussion, I trust the information I have provided has clarified your understanding of the requirements for allocating estate late retirement fund benefits in terms of Section 37C of the Pension Fund Act.

Thank you for granting me the opportunity to address your concerns. You are welcome to contact me on ***should you have any further questions.

Kind regards

Aviwe Ndlwana | Client Relationship Manager