KC
Kerwin C

1 reviews | Active since Nov 2021

31 Jan 2022, 13:45

Frustrated & highly disappointed

3 years ago I had lost both my parents, leaving me as sole guardian to my 16 year old sister at the time. A life policy was paid out to me & my broker at the time had advised me to invest it with fedgroup. At the time of emotional trauma, I had invested the money & my broker had earned her commission from the investment. Last year, I was let go at work due to the pandemic & had requested for an early withdrawal from my investment, my broker then resigned from me & left me to deal with FedGroup on my own. Since then, my request for a withdrawal of my money has been rejected numerous times & the only reason for it was that FedGroup finds a lack of financial hardship. It is now a year later that I have requested for early withdrawal from the investment & have been rejected again. I am now in a position where I have had to borrow from family & friends in order to keep food on the table & electricity on for my sister & I as we are both currently unemployed. I have submitted all required documentation & letters of demand but still being denied of my own money. I am on the brink of getting blacklisted because of accounts in arrears & yet FedGroup still claims that there is no proof of financial difficulty at this time.

0
Replies (4)
Fedgroup
Fedgroup's reply01 Feb 2022, 10:13
Official
Hi Kerwin. We apologise for your frustration and we would like to reach out to you to resolve your query. Please send us your full name, ID number, contact number and email address so we can investigate this further and revert with feedback. Thank you
Fedgroup
Fedgroup's reply01 Feb 2022, 13:57
Official
Hi Kerwin. Unfortunately we cannot access your infromation. Please send an email to ***, with the full details of your complaint and your full name, ID number, contact number and email address, so we can be in touch with you. Thank you
KC
Kerwin C's update01 Feb 2022, 14:46
Reviewer Update
Hi, please provide email address?
Fedgroup
Fedgroup's reply02 Feb 2022, 13:24
Official
Hi Kerwin. It is @*** . Thank you