TM
Tebogo M

1 reviews | Active since Nov 2016

11 Mar 2017, 17:12

The self appointed gods.

<p>Did you know that PSG Momentum will have you nominate beneficiaries because at the end of the day you are mandated by law.</p> <p> </p> <p>Then they will turn right around when you are deceased to cause further pain and destruction to your beneficiaries by making them fill in affidavits to prove how financially dependant your beneficiaries were on you because at the end of the day all your are worth can and will be reduced to a rand value.</p> <p> </p> <p>Thereafter they will leisurely do "investigations" and present to sub committee. Yes all this after you have nominated beneficiaries.</p> <p>If you did not know well now you know.</p>

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Replies (3)
Momentum (SA)
Momentum (SA)'s reply12 Mar 2017, 08:06
Official

Thank you for taking the time to inform us of your concerns. We will investigate the matter on Monday and provide you with feedback.

Kind regards

CK

Momentum (SA)
Momentum (SA)'s reply13 Mar 2017, 08:32
Official

Regrettably, I could not trace the policy number with the details you provided in your complaint submission and I could not reach you on the cell phone number noted.

Please provide us with the policy number to enable us to investigate your concerns.

Kind regards

CK

Momentum (SA)
Momentum (SA)'s reply13 Mar 2017, 12:36
Official

I refer to our telephone conversation and I understand your frustration, however this is requirement in terms of section 37C of the Act.

This is to ensure that the Trustees make a fair and equitable decision in the distribution of the proceeds.

Kind Regards

Sue