1 reviews | Active since Feb 2012
No return on investment for investment policy
I took a 5yr short term investment with momentum in 2013; which matured in Feb. I enquired about the maturity date in April as they kept debit monthly contributions. I then asked for the funds and filled claim forms. Week after week since 26 April i have asking when am i receiving my funds, they said they are reinvesting. After a few days of waiting i asked again when will the process be complete they say they are waiting for confirmation. The next week I enquire again; then they mention that the reinvestment didn't happen and then they offer my contributions back minus their administration fees of course. Meaning after 5yrs I have been giving them money and not benefiting anything. This is not what I agreed on and they do not respond to why am I not getting the interest. I claimed after the 5yrs I don't expect to get funds like I am claiming before maturity date. I held up my end; it's time they hold up their end of the agreement.
Thank you for your feedback, we will be in contact with you.
Kind regards
Michele Coetsee
Thank you for your feedback, we will be in contact with you.
Kind regards
Michele Coetsee
I received confirmation that a service manager had made contact with you to resolve the matter.
Kind regards
Michele Coetsee
I received confirmation that a service manager had made contact with you to resolve the matter.
Kind regards
Michele Coetsee
