SA
Sabina A

1 reviews | Active since Jan 2018

20 Mar 2020, 15:03

Momentum profident fund withdrawl

I have had the most terrible experience with Momentum who is handling my ex- employees provident fund...

I have exited the fund February and was diligently waiting for my payout. After 5 weeks I called momentum to find out if everything is on track.. only to hear that they are awaiting information from me... Apparently everything is on hold because they are waiting for a divorce decree... Mind you.. not a soul has contacted me to ask for this … I immediately sent the information - not understanding why its required since I have been divorced for 10 years already. I follow up with a mail to confirm the information was received because I get no feedback.. I receive a mail from the one department to 2 other departments requesting them to feedback to the customer - Nothing... Then I call and get a reference number to use and they try to put me through to whoever is working on my claim - this is unsuccessful... Apparently a note will be made to tell legal that there is no issues with the divorce... and no pending payout to a spouse. In my 24 years of working I have never experienced anything like this. After my divorce I have exited from 2 companies without any problems

I am disgusted that I have to initiate things with this company.. and that no one has the gull to actually contact the customer if there is information required from the client..

Very unprofessional

0
Replies (3)
Momentum (SA)
Momentum (SA)'s reply20 Mar 2020, 17:05
Official
I appreciate you raising your concerns with us.  We will investigate and I can assure you that a manager will contact you.

Regards, 

N D'Arch
SA
Sabina A's update23 Mar 2020, 16:27
Reviewer Update
Hi,

This is now pathetic...


After no phone call by momentum management I called again...

now I have been informed that my documentation is sitting with legal (since last week) to confirm that there is no payout due to my ex spouse.. after asking why they would assume that there is a payout due I get told that I stated I'm divorced when I completed the online link...
Was I suppose to say single? Although my title is still Mrs???

The service from momentum is atrocious to say the least. No feedback after numerous promises

Disgusting !!!

Momentum (SA)
Momentum (SA)'s reply23 Mar 2020, 18:43
Official
I confirm that Tlou has called you and the matter has been escalated to legal.

Kind Regards