1 reviews | Active since Aug 2012
Momentum, please help me.
I have a retirement annuity with Momentum, due to my age it is very difficult to obtain permanent employment. I am under the impression that if you have an investment with an insurance institution, they will assist you, but with Momentum it is not the situation. During the last two years, my family and I have been homeless twice, I ask Momentum to assist me to withdraw my small investment with them, the response from them is that it is controlled by legislation and there is nothing they can do, but according to other financial institutions, they are in a position to assist me to withdraw my investment, but they choose not to. I do not receive positive feedback from Momentum, I am told to go to SARS and plead my case there, I do not have experience with investments and expect Momentum to assist me with the afore mentioned process, but there is no attempt to assist me from their side. At the end of July, my family and I will be homeless once again and Momentum prefers to ignore that fact and does not work with me to obtain a positive outcome for me to withdraw the remainder of my investment. I cannot understand why the public invest with an institution when they just throw their arms in the air when the customer needs assistance, it does not make sense at all. The financial advisors do not have the knowledge to assist you and higher management is not interested to assist you, I throw in the towel now, what else must I do, I do not have the knowledge to sort out the problem.
Your investment is with our Wealth Business Area. I have referred the matter to this business area, and I have requested urgent assistance with the matter.
They will be in contact with you soon.
Kind regards
EdB
Your investment is with our Wealth Business Area. I have referred the matter to this business area, and I have requested urgent assistance with the matter.
They will be in contact with you soon.
Kind regards
EdB
Their favourite reply is "We are so sorry to hear that your situation did not improve, but your investment is regulated by legislation, our hands are tied", well, if you assist me as a customer to obtain access to my investment, my situation will improve, there is no doubt. Momentum management and their financial advisor ignores me totally and refuse to assist me, I thank God for His assistance, He provides food every day, Momentum are able to assist me if they truly want to, but they choose not to. Please do not invest with Momentum, they do not deserve the profits they make from your investments. Momentum does not care about you, only your money, as an investor, you mean nothing to them.
Their favourite reply is "We are so sorry to hear that your situation did not improve, but your investment is regulated by legislation, our hands are tied", well, if you assist me as a customer to obtain access to my investment, my situation will improve, there is no doubt. Momentum management and their financial advisor ignores me totally and refuse to assist me, I thank God for His assistance, He provides food every day, Momentum are able to assist me if they truly want to, but they choose not to. Please do not invest with Momentum, they do not deserve the profits they make from your investments. Momentum does not care about you, only your money, as an investor, you mean nothing to them.
The relevant business area has provided you with confirmation that they are bound by legislation, and that legislation does not permit them to allow withdrawals.
We note the content of your last posting.
Kind regards
EdB
The relevant business area has provided you with confirmation that they are bound by legislation, and that legislation does not permit them to allow withdrawals.
We note the content of your last posting.
Kind regards
EdB
