HA
Hisham A

1 reviews | Active since May 2025

05 May 2025, 15:56

Disgraceful Withdrawal Experience

Momentum has been an absolute disaster. My withdrawal was supposed to be processed starting April 15th, but nothing happened until I chased them with a phone call. Even now, I'm still struggling to get my own money out. No updates, no accountability—just delays and excuses. This is beyond unprofessional, it’s disgraceful. I feel completely ignored and would strongly warn others to stay far away from this platform.

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Replies (9)
Momentum (SA)
Momentum (SA)'s reply05 May 2025, 16:01
Official
Dear Hisham,

Thank you for bringing your concerns to our attention.

In order to refer the matter to the correct department for assistance, can you kindly provide us with a policy or a full identity number of the policyholder/member.

You may add this information under a private reply.

Thank you
Kind regards
NH
Momentum (SA)
Momentum (SA)'s reply06 May 2025, 06:51
Official
Thank you, we will escalate your posting to the relevant fund manager for assistance and feedback.
HA
Hisham A's update06 May 2025, 13:56
Reviewer Update
Thanks for finally responding, but even after providing my ID number the issue remains unresolved. My selection, as per your company request for withdrawal was completed as soon as I received the email but was ignored until I reached out, which is unacceptable. Since then, communication has been non-existent apart from generic, copy-paste emails that say nothing useful. No one takes ownership, and no meaningful updates are provided, just days of silence. I expect real action, clear communication, and actual accountability—not templated replies and delay tactics.
Momentum (SA)
Momentum (SA)'s reply06 May 2025, 14:02
Official
Thank you for your feedback, Hisham.

We have again referred your comments for assistance to the fund manager.
HA
Hisham A's update08 May 2025, 13:41
Reviewer Update
Momentum said my tax application would be done last week. I escalated the issue on Monday—still, nothing happened until yesterday. No one contacted me, no updates, just silence. I had to chase them myself to find out it was finally done. This level of service is absolutely unacceptable
Momentum (SA)
Momentum (SA)'s reply08 May 2025, 13:50
Official
Thank you for your feedback. We will escalate your comments again to the fund manager for assistance.
HA
Hisham A's update08 May 2025, 13:58
Reviewer Update
This is ridiculous.
HA
Hisham A's update08 May 2025, 14:06
Reviewer Update
Someone needs to contact me and provide me with an uodate, today still...
Momentum (SA)
Momentum (SA)'s reply08 May 2025, 14:29
Official
Thank you