1 reviews | Active since May 2017
Lack of Urgent Assistance Required with Pot Savings Component Withdrawal Request
I am writing to formally address the ongoing issues I have encountered with my Pot Savings Component withdrawal request. Despite following the instructions provided by the fund and submitting all required documentation, my request has been repeatedly declined and canceled, causing significant frustration and inconvenience.
To provide a clear summary of the events:
Initial Submission and Decline: I submitted my initial withdrawal request two weeks ago, but it was declined due to the fact that I am using a joint account with my wife.
Employer Authorization: Following this, I was informed that I needed to provide a letter from my employer authorizing the fund to pay the claim into the joint account. I promptly obtained this letter, included my payslip as requested, and resubmitted my claim. However, my claim was again canceled.
Further Resubmission and Cancellations: I was advised to reapply on a Thursday due to processing by the banking department. I comp****, but my application was canceled once more. After escalating the matter to Ms. Gloria Manuel, I was assured that the claim was being reprocessed, but I have yet to see any progress.
Continued Communication Issues: Despite being told that I would receive a follow-up call and SMS, I have received no such communication. After reapplying on Monday, my application was once again canceled. A representative promised to email me the fund's guidance on how to resolve the issue, yet I have not received any correspondence to date.
Lack of Accountability and Repeated Misguidance: I have also reached out to Ms. Gloria Manuel regarding these concerns but have not received any response. I have gone as far as traveling from Wolmaransstad to Pretoria to update my banking details with my employer to meet the fund’s requirements, based on the initial guidance provided, which has proven ineffective. Ms. Faeeza Marshman has been the only person actively assisting me and has escalated the matter, but there has been no resolution.
This process has been exceedingly challenging and has yet to yield any results despite my compliance with all requested steps. I kindly request that this matter be given the proper and urgent attention it deserves. I have maintained records of all communications, which I am prepared to provide upon request.
Thank you for your message. I have sent your complaint to the fund managers for further assistance.
Kind regards
mvdm
Thank you for your message. I have sent your complaint to the fund managers for further assistance.
Kind regards
mvdm
