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chris Z

1 reviews | Active since Jun 2009

12 Mar 2024, 11:35

Poor customer service

My pension fund was supposed to be transferred from the Transnet Retirement fund to the Momentum Funds at work scheme. The transfer was done incorrectly and as a result my pension fund is now sitting in a wealth preservation fund instead. I have been trying to resolve this for over a month now but to no avail. No one will answer my calls or return my emails. Everyone is either in a meeting or not available. Absolutely shocking service from Momentum. If i was to just leave this unresolved I am absolutely certain that momentum would do nothing about this. All the emails I send get an automated reply. What is the point of sending emails if nobody replies? If there was a zero star rating i would most certainly give Momentum a zero. Not feeling too confident about leaving my pension in their hands. Disgusting!

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Replies (1)
Momentum (SA)
Momentum (SA)'s reply12 Mar 2024, 11:44
Official
Thank you for your posting. The matter has been escalated to the fund manager for assistance.

Kind regards
NH