PP
Pappasza P

1 reviews | Active since Sept 2016

06 Sept 2016, 07:59

WASTE OF TIME AND MONEY // POLICY no: ***

<p>This is for anybody wishing to invest with financial advisors more specifically - MOMENTUM</p> <p>In short i took out an endowment 5 years ago of R500 pm - thinking this was a great way to save i recently heard from the financial advisor whom i used at the time with a maturity report of my investment. After 5 years i have made a whole whopping R2,834. That is 1.8% pa return. I actually have no words to say in this regard. Point is these big institutions have no vested interest in your money. They quick to take it and use it for their own benefit. Im sure the financial advisor made more commission on my investment than the return i made out of it!!!</p> <p>Sorry Momentum but you guys are useless and im sure you are not the only ones out there...... </p>

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Replies (2)
Momentum (SA)
Momentum (SA)'s reply06 Sept 2016, 08:22
Official

I appreciate you bringing your concerns to my attention and I will look into the points raised and will provide you with feed-back during the course of the morning.

Kind regards

Michele Coetsee

Momentum (SA)
Momentum (SA)'s reply06 Sept 2016, 14:30
Official

A response was drafted and sent to you via e-mail.

We trust that the matter has been addressed accordingly.

Kind regards

Michele Coetsee