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ephraim T

1 reviews | Active since Jan 2019

13 Feb 2025, 02:39

DISGUSTING & *********** SERVICE THE WORST IN SA!

I sent my FundsAtWork claim on the 5th Dec 2025 & they acknowledged having received my claim & advised that the processing will take 26 days.After 26 days l started following up on the emails & got no response . I then called & the administrator by the name Dakalo Maivha said she requested additional documentation from my previous company , l mean why would u request additional docs from my previous employer & not from myself directly???? So after the 26 days nothing has been done with my application because of additional documentation that is not even listed as a requirement on their withdrawal claim form.Its now more that a week since l sent the requested documentation , no acknowledgment nothing , follow up emails are just ignored.I called again on the 13th Feb couldn’t get hold of her then given another excuse , it’s now more than 2 months since l lodged the claim & this has been my worst nightmare with the Momentum FundsatWork Dept , this is the worst service you can ever receive & l don’t think they really care , they delay the whole withdrawal processing intentionally to capitalise on holding your funds whilst they make more money off your funds.Disgusted with their service , engage them at your own risk……

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Replies (8)
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ephraim T's update13 Feb 2025, 02:40
Reviewer Update
Correction 5th December 2024
Momentum (SA)
Momentum (SA)'s reply13 Feb 2025, 07:21
Official
Good day

Thank you for your posting and for bringing your concerns to our attention. In order to refer the matter to the correct fund manager for assistance, please provide us with your identity number. You may post this under a private reply.

Thank you
Kind regards,
NH 
Momentum (SA)
Momentum (SA)'s reply13 Feb 2025, 11:24
Official
Thank you for providing us with the information, we will escalate the matter to the Fund manager for assistance and feedback.
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ephraim T's update13 Feb 2025, 18:37
Reviewer Update
Hi , any news please?
Momentum (SA)
Momentum (SA)'s reply14 Feb 2025, 08:23
Official
Good day Ephraim

We have requested that the manager provide feedback on your posting.
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ephraim T's update19 Feb 2025, 22:33
Reviewer Update
Hi , it’s now nearly a week still no positive feedback , do l literally have to beg for funds that’s l sweated for , other retirement fund managers don’t give you a runaround for example Alexander Forbes , this is the worst retirement fund withdrawal experience that l have l ever went through , THE WORST , THE WORST. If you want to keep my retirement fund just say so , l don’t have to beg for my money like this , it’s been more than 2 months now since the claim was lodged & up until today it’s excuses every step of the way , the 26 working days already lapsed & lam still begging for retirement fund payout ! Disgusting , disgusting , disgusting service all round …..
Momentum (SA)
Momentum (SA)'s reply20 Feb 2025, 06:55
Official
Good day Ephraim

We have again referred your feedback to funds at work for assistance.
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ephraim T's update20 Feb 2025, 13:00
Reviewer Update
It’s really depressing that you have to go thru all this just to make a claim plus 2 months already no end in sight , excuses all the way.The timeline specified was 26 working days , it’s now way overdue , l have to make very expensive international calls to try & get updates. We contribute towards these pension funds so that they will cover us when we retire / out of employment but if this is the process then it’s really no use , disgusted by your service , you need to do better than this! 🤦🏻♂️💔