CV
Christo V

1 reviews | Active since Jul 2011

26 Aug 2022, 10:19

SETTLEMENT OF LATE ESTATE -- NO CUSTOMER SERVICE FROM NINETY-ONE

My wife passed away on 25 Aug '20 (YES, 2 years ago yesterday) and her estate has not been resolved yet. The fact that the executors of the estate (VZF - https://thecoregroup.associates/vzfauditors/) is also largely in competent is one side of it, but the other side is Ninety-One. My wife had a very simple Unit Trust investment with Ninety-One and the executors submitted the required documentation to have the investment paid out and closed in Dec '21 and to date it is still pending (8 month's later). According to the executors they are not getting any feedback from Ninety-One. Looking at the number of complaints on Hello Peter regarding estate settlements from Ninety-One that have issues, it is seems like there is truth behind the executors excuses. I find it baffling and utterly unprofessional that it has come to this, where I have to log a complaint on a public forum in an attempt to just get my late wife's estate resolved, when professionals like executors are appointed to deal with this and large, professional, financial institutions do not communicate or resolve matters for their clients (even if they are deceased)....

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Replies (4)
Ninety One
Ninety One's reply26 Aug 2022, 12:16
Official
Dear Christo.
 
Please accept our sincerest condolences for the passing of your wife. We understand that losing a loved one is a difficult experience to deal with and apologise for any inconvenience you may have experienced with us.

Thank you for accepting our call this morning to discuss the matter that you have raised. We have escalated in order to expedite where possible and will get back to you in due course.
 
Regards
Ninety One Team. 
Ninety One
Ninety One's reply06 Sept 2022, 12:46
Official
Dear Christo

The service matter raised for our attention on the 26th of August 2022 has now been resolved. We thank you for your patience and hope that you are satisfied with the resolution. 

Please do not hesitate to let us know if you need any further assistance and we will gladly assist.  Our Client Services team is available on ***/100. 

 Regards  
Ninety One Team 
CV
Christo V's update07 Sept 2022, 10:29
Reviewer Update
It is sad that an apparent technical error from NinetyOne's single email for submitting estate claims caused a delay of 9months and that it only received due attention when a complaint was logged on a public forum.

However once it was acknowledged after my review on HelloPeter, the response from NinetyOne's client services team (Letso and Sumashen) was swift, helpful and professional and the issue was quickly resolved.

I strongly suggest that NinetyOne review their modes / options for communication to be more accessible to their clients.
Ninety One
Ninety One's reply07 Sept 2022, 15:22
Official
 Dear Christo 
 
We acknowledge your comment and appreciate your feedback. Thank you for giving us an opportunity to improve your service experience.    
 
Regards 
Ninety One Team