JC
Jacques C

1 reviews | Active since May 2009

18 Sept 2017, 09:14

Cant get answers at all

Dear Momentum,

After asking questions my broker (which is Momentum employed), told me politely to please go else where (I WILL BE IN MUCH BETTER HANDS).

NO one at momentum can't give me a straight answer for my questions on hand.

Can a department head who deals with Investo products please get in contact with me asap.

My jaw is dropping how a snr also thinks there is nothing wrong if brokers tell clients to go else where. Jenny Pretorius, hats off to you how you are driving away clients !

I am beyond unhappy as a client. I have been asking for more than a week now for basic information, and my questions are re-directed from one person to the other.

I am thinking to close ALL my accounts ! Why must we invest at a firm who cant do basic stuff.

0
Replies (6)
Momentum (SA)
Momentum (SA)'s reply18 Sept 2017, 09:31
Official

Thank you for taking the time to inform us of your concerns. You will be contacted shortly.

Kind regards

CK

JC
Jacques C's update18 Sept 2017, 09:36
Reviewer Update
I want the investo head of investment to please contact me ASAP ! I am giving Momemtum this week before I close my accounts !
Momentum (SA)
Momentum (SA)'s reply18 Sept 2017, 09:54
Official

An senior Manager from our Investo Department will be in contact with you shortly.

With regards to your complaint relating to the service received from the noted MFP, a formal process are being followed by the FAIS Complaints Manager, whom has been in contact with you since last week. You will be provided with the necessary feedback once the investigation is completed.

Kind regards

CK

Momentum (SA)
Momentum (SA)'s reply18 Sept 2017, 09:54
Official

An senior Manager from our Investo Department will be in contact with you shortly.

With regards to your complaint relating to the service received from the noted MFP, a formal process are being followed by the FAIS Complaints Manager, whom has been in contact with you since last week. You will be provided with the necessary feedback once the investigation is completed.

Kind regards

CK

JC
Jacques C's update18 Sept 2017, 10:01
Reviewer Update
I must say, this is the quickest reply I have seen in weeks via momentum ! Well, in short, why would the same fund in two policies have diffrent results (dividends). One has dividends and the other not. I really hope I make clients aware of what is happening here ! I am also getting diffrent answers from the Investo office. 1) We can confirm that both the funds you are invested in do not pay dividends 2) Kindly note that we don't at Investo declare dividends on the policy but only on the fund as a whole. In other words they are declared within the fund I can really write a book now of how bad the service. I went to far by removing my ex broker who told me to take my investments somewhere else ! I am awaiting the response of the FAIS Complaints Manager
Momentum (SA)
Momentum (SA)'s reply18 Sept 2017, 12:22
Official

Your earlier telephone discussion with Mr Kock refers. You will also receive an e-mail response from him and you may contact him directly, should you have further concerns in this regard.

Friendly greetings

CK