MP
Mokgadi P

1 reviews | Active since Oct 2024

28 Oct 2024, 10:20

Poor Service is an understatement!

Hi there,

My documents were submitted by my previous employer on September 3rd 2024, the TAT is 26 working days and to date-26 October 2024 ( I am still awaiting payment). I have followed up a million times via watsapp, calls and emails and on all occasions and all those occasions advised the person handling my case will contact me, unfortunately that has never happened. On the 30th of September I was informed that of an error (file duplication)that was made and as a result was advised to follow up after a week or two. Today (25th October 2024) I followed up only to be hit with another blow, that my case was mistakenly treated as a 2 pots withdrawal instead as pension withdrawal and it would take up to 2 weeks for the error to be fixed/reversed, bearing in mind that the turnaround time is 26 working days 9 (from September 3rd).

Amongst other financial implications is that are negatively affected, there is a funeral at home and I am unable to claim due to no payment. I am feeling so defeated. .

I have never experienced such disservice in my life.

This company does not care. If possible opt for Alexander Forbes. They surprisingly paid way sooner when I left my other employer before joining my recent/latest former employer.

Stay away from Momentum Funds at work, they don't care.

0
Replies (3)
Momentum (SA)
Momentum (SA)'s reply28 Oct 2024, 10:27
Official
Thank you for your posting.

We have escalated your enquiry to the fund manager for assistance and feedback.

Kind regards
NH
MP
Mokgadi P's update31 Oct 2024, 07:48
Reviewer Update
Hi There

I hope you are well.

I am so annoyed and frustrated by Momentum Funds at work, after calling and leaving messages a million times I finally got a call not so long ago (07h15 31 October 2024) I was hopeful that it is following my review on your website. To keep it brief, I was informed that my documents were loaded on the 23rd of October and have not even been processed and that I have to wait another 26 days, bearing in mind that my documents were submitted by my employer on 3rd September and ever since I am being sent from pillar to post.

Once again I was informed that the person handling my matter will call me and I explained that He/she has never bothered to contact me. It seems like every time I complain my matter is being pushed back-out of spite. I have written thousands of emails to them complaining before reaching out to you.

Momentum really does not care, as mentioned there is a funeral in my home and due to insufficient funds in the bank I was unable to claim from the funeral insurance, amongst other financial implications.

I really need your assistance urgently please Hellopeter.

I don't know what else to do.

Thanks
MP
Mokgadi P's update01 Nov 2024, 13:28
Reviewer Update
MOMENTUM FUNDS AT WORK YOUR LEVEL AND INCOMPETENCE-DONT GIVE A F*** ATTITUDE IS ON ANOTHER LEVEL, I HAVE BEEN AWAITING AM UPDATE OF SOME SORTS, SINCE YOUR REPLY,HOWEVER I SEE THAT (FROM OTHER REVIEWS), YOU ARE GOOD AT WHAT SEEMS TO BE AUTOMATED RESPONSES THANKING US FOR POSTING. WHAT EXCACTLY ARE YOU THANKING US FOR? FOR THE FACT THAT WE ARE NOT TAKING ACTION AGAINTS YOUR INCOMPETENCE,?NOT CONTACTING THE RELEVENT OMBUDSMAN? NOT COMMING COLLECTIVELY TO YOUR OFFICES AND NOT LEAVING UNTILL OUR MATTERS ARE RESOLVED?NOT TAKING THIS TO ALL MEDIA PLATFORMS TO EXPOSE YOU?

IM NOT ONE FOR SLANDER MARKETING BUT YOU MUST BE EXPOSED.