KS
Kathryn S

1 reviews | Active since Feb 2010

18 Sept 2024, 10:54

NinetyOne is poorly run and offers appalling customer service

This isn't the first time we have had appalling service from Ninety One, but this time round it has been particularly bad. In April we submitted the correct forms to request that our ex-financial advisor be removed from our investment. Now, 5 months later, this still hasn't been done. I've made countless calls to their customer services, left messages, got reference numbers and followed up via emails - all to no avail. In addition, our ex financial advisor has continued to get his commission, even though we requested that he be removed 5 months ago. I am now going to lodge a complaint against Ninety One with the Ombudsman, as they should not be allowed to get away with such sloppy customer service. We will definitely NOT be investing through them again nor recommending them to our colleagues/friends. AND our initial request from April has still NOT been actioned. If their service is so bad, one wonders how good their financial ability is - they seem so badly run for a financial institution, it worries me about having any investments with them.

0
Replies (2)
Ninety One
Ninety One's reply18 Sept 2024, 14:41
Official
Dear Ms. Sakalis

Thank you for contacting Ninety One.

We acknowledge receipt of your complaint and want to assure you that we take your concerns seriously. Our team is currently investigating the matter and working towards a prompt resolution. One of our consultants will be in touch shortly to discuss and assist you further.

We appreciate you bringing this to our attention. Should you have any additional questions or concerns, please feel free to contact us at ***.

Kind regards,
Ninety One
KS
Kathryn S's update24 Sept 2024, 17:06
Reviewer Update
Since the above 'cut and paste' response from NinetyOne, they have tried to call me, but always call when I'm in meetings. I've tried returning their calls, but then get told that the agent dealing with my issue isn't available and that I must leave a message. This then becomes a vicious circle with them calling me, leaving a message, me returning their call, leaving a message etc etc. NinetyOne continues to waste my time.
I have repeatedly requested in my messages and via email to them, that they just email me confirmation that the action I requested in mid April, has finally been implemented. Now - over 5 months later - I still haven't received this confirmation via email and as per my last statement, the update had still not been done. I am absolutely beyond frustrated and can't believe that a company like NinetyOne is so absolutely useless at basic admin. As I said before - this makes one really worried about what they are doing with our investment funds.
This issue is still NOT RESOLVED.