IL
Ighsaan L

1 reviews | Active since Feb 2025

13 Feb 2025, 09:23

Momentum suck

I am severely disappointed with Momentum health

I registered my claim for provident payout since I am moving jobs. Was advises there is a lengthy process which I mentally prepared for. However I emailed them to advise I cannot afford significant delays on this payout, and what transpires? Significant delays.

I emailed them multiple times requesting an update or to advise if anything is outstanding. No response. I call them this morning, nearly two weeks after submitting the claim and was advised they are waiting on a yes or no answer from me with regards ro a retirement portion.

That could have been sent via email. Someone could have responded to my multiple emails asking this stupid yes/no question yet nothing came from momentum.

My financial situation is going to be completely messed up due to this delay. Late payments to debtors etc since I am only starting my new job in March.

Shame on momentum for withholding MY OWN MONEY from me for an arbitrary reason.

Ighsaan Latief *** ***

0
Replies (4)
Momentum (SA)
Momentum (SA)'s reply13 Feb 2025, 11:02
Official
Thank you for your posting and for bringing your concerns to our attention. We have escalated the matter to the Fund Manager and requested that they assist and provide you with feedback. 

Kind regards
NH 
IL
Ighsaan L's update13 Feb 2025, 18:17
Reviewer Update
The additional reviews posted TODAY for a similar issue does not inspire confidence. Are you people out of money or something? What's going on???

Supposedly one of the biggest investment companies in SA?

PAY PEOPLE THEIR MONEY YOU BUNCH OF *****S
IL
Ighsaan L's update13 Feb 2025, 18:17
Reviewer Update
I wrote F R A U D S

Don't know why that's censored.
IL
Ighsaan L's update20 Feb 2025, 09:13
Reviewer Update
Still no contact from this so called "fund manager". Do they even exist?

I promise you lot, I will write as many negative reviews on as many sites as I can find if it gets you *****s to do your job!