HZ
Hermina Z

1 reviews | Active since Jan 2025

25 Mar 2025, 21:44

Momentum Pension Administrators are a ****

WARNING TO ALL WHOSE PENSION FUND IS ADMINISTERED BY MOMENTUM

Please be informed that the nomination forms that employees complete for nomination of beneficiaries upon your passing are invalid. The employer and the Momentum Board of Trustees have the final say on how you benefits should be distributed upon your passing. The saddest part is that you (the employee) will not be around to protect your nominared beneficiaries. The worst of all is that upon doing follow up you are blatantly ignored by those who've been communicating with you all along. Everyone just goes silent, without reason.

0
Replies (1)
Momentum (SA)
Momentum (SA)'s reply26 Mar 2025, 08:11
Official
Hermina

The concerns you raised have been referred to the fund manager who will respond to your posting as soon as possible.

Kind regards

EdB