BM
Barbara M

1 reviews | Active since Sept 2022

08 Jun 2024, 03:33

Service delivery failure

My encounter is with Momentum funds at work. The service was bad due to failure to deliver on time and communicate when they can't. Email line responses always responded with a general response no sense of responsibility St all. Turn around time to pay a retirement fund claim they said is 26 days which is the longest of all the insurance firms I know and still they can't make that. Had a divorce decree claim which I submitted same time my X-husband submitted his to my pension fund and he got paid two weeks ago already and I'm still waiting.

0
Replies (3)
Momentum (SA)
Momentum (SA)'s reply10 Jun 2024, 08:52
Official
Dear Barbara
Thank you for your message. I have referred your complaint to the Fund Managers for urgent assistance. 
Kind regards
Mvdm
BM
Barbara M's update11 Jun 2024, 02:57
Reviewer Update
Good day. Thanks for taking action however it doesn't seem like they care considering that this case has exceeded the momentum turn around time of 26 days to pay out claim. I am really disappointed I still had to call to find out progress and was told it will take another 48 hours to pay escalation options were not used.
Momentum (SA)
Momentum (SA)'s reply11 Jun 2024, 09:27
Official
Dear Barbara
Thank you for your message. I have forwarded your complaint to the Fund Manager for further assistance.
Mvdm