1 reviews | Active since Oct 2016

18 Dec 2020, 13:53

DONT INVEST WITH DISCOVERY

So I am totally not happy with service received from Discovery. I dont understand why one is not allowed to withdrawal Retirement Annuity funds, when the money invested I paid out of my pocket. When going with Discovery, this was one thing that did not voice. They only spoke about how this way you will be able to save money Bla bla bla. To me this in total entrapment, as why would they not mention this when I signed up "Please note that you will not be able to withdraw from this account at anytime, and funds will only be paid out once you reach the age of 55." Tell you what if they did, people would not join. Yes fair enough, once should always read the fine print (my Bad).

I went back to Discovery to pleaded and asked if there is no way we can make an arrangement. Answer: by law this is not allowed to happen. By LAW companies are allowed to entrap people. Just another way to ensure the rich get richer and poor get poorer.

They have already made money off the money i invested, but they want more and this is why they wont release my funds. Its my hard earned cash and i am not allowed to do anything with it.

I know have requested Discovery to please advise what the procedure is to transfer to another Service Provider and waiting on their response.

Never again will I be part of the Discovery group, they just there to entrap people and not to help and guide.

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Replies (1)
Discovery Invest
Discovery Invest's reply21 Dec 2020, 09:03
Official
Good day Candice,

Thank you for bringing this matter to our attention. Your complaint pertains to confidential information pertaining to your investment. Due to this reason, we will reach out to you on the contact details we have on record for you.

Kind Regards,
Discovery Invest