LH
Laura H

1 reviews | Active since Feb 2015

27 Jun 2019, 09:31

Momentum struggles to pay out - Deceased estate pension

I have been trying to sort out my fathers pension since he passed away (14 June 2018). I have a letter of authority from the Masters high court, yet I get asked for all kinds of irrelevant documents. When I do try to get the documents and I go to the relevant banks etc to acquire them I cannot be assisted.

Momentum doesn't respond to emails. They are dragging this out unnecessarily. They have asked for documents which are not necessary due to my fathers estate being below R 250 000. They do not know what they are doing in order to successfully finalize payout.

This has been an unnecessary struggle. I've had to now ask a lawyer to see into this because of the lack of assistance from Momentum's side.

I would advise that if you are looking or a pension fund, not to go to momentum.

0
Replies (3)
Momentum (SA)
Momentum (SA)'s reply27 Jun 2019, 09:34
Official
Thank you for bringing this to our attention. The matter will be escalated to management for assistance.

Kind regards
NH

LH
Laura H's update27 Jun 2019, 09:49
Reviewer Update
I'll appreciate that. I eagerly await to hear from Momentum.
Momentum (SA)
Momentum (SA)'s reply27 Jun 2019, 13:46
Official
Noted, can you please send the documents that you have and we will submit it to the trustees.

Kind regards
Natasha