RP
Ryan P

1 reviews | Active since Mar 2009

07 Aug 2019, 12:44

Surplus Funds ******

Momentum have 'lost' my Dad's fund. I have confirmed from Alexander Forbes that the fund was moved to Momentum, but alas.... Momentum clearly are *****ing surplus funds.

0
Replies (2)
Momentum (SA)
Momentum (SA)'s reply07 Aug 2019, 12:48
Official
Dear Mr Plunkett,

Thank you for the opportunity to be of assistance to you.  I cannot trace any policies for the ID provided under our Retail platform - based on your comments, it appears that this query may belong under our Employee Benefits Platform?

I have thus referred your posting to our Funds@work division and asked that a escalations manager investigate your complaint and make contact with you.

Kind regards, 

N D'Arch.

Momentum (SA)
Momentum (SA)'s reply07 Aug 2019, 14:43
Official
I confirm that Momentum Retirement Administrators have only recently taken over the administration of the Denel Pension Fund from Alexander Forbes.

As confirmed in an email to yourself, the Head of the Fund has confirmed that she  will have to go through the records submitted by Alexander Forbes to determine if there are surplus benefits payable to your father.

Regards

Sdp