SR
Sandy R

1 reviews | Active since Nov 2024

21 Nov 2024, 12:14

Delayed withdrawal claim and inconsistent Feedback from Old Mutual

This has been my worst experience with Old Mutual withdrawal claims

I am writing to express my frustration and disappointment with the handling of my withdrawal claim from Old Mutual. Despite my initial claim being processed smoothly, subsequent interactions have been marred by delays, inconsistencies, and poor communication.

*Background:*

- Initial claim submitted prior to September 1st for the whole amount. - First payment processed incorrectly, followed by a tax directive appointment on November 11th. - Second payment attempt advised to reflect within 2-3 days, after the tax directive was appointed but still pending.

*Issues:*

1. Excessive waiting periods: 4-day wait for claim processing, followed by inconsistent updates. 2. Inefficient call center: Long holding times (up to 45 minutes), repetitive authentication questions, and inconsistent verification processes.Somedays im asked my age ,so days my email is incorrect,even started giving both my personal and work email to avoid this. 3. Lack of transparency: Different consultants providing conflicting information regarding claim status,Monday it was paid out and will reflect latest the following day,called on Wednesday, Pending status 4. Unfulfilled promises: No callback from supervisor as promised yesterday when I called

*Current Status:*

As of yesterday, I was informed that my claim is pending EFT approval, with no estimated resolution time.

NB: That’s WhatsApp you keep referring us too does not give the status of the claim iv tried multiple times out of frustration of waiting on the line

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Replies (3)
Old Mutual
Old Mutual's reply21 Nov 2024, 12:21
Official
Good day Sandy

We acknowledge receipt of your review and extend our sincere apologies for the service experience you encountered. We are committed to investigating this matter thoroughly and will make direct contact with you should further information be required.

Regards
Old Mutual Complaints Management
SR
Sandy R's update22 Nov 2024, 16:42
Reviewer Update
Ubresolved Withdrawal Claim and Poor Communication

Despite your acknowledgement and promise to contact me, my issue remains unresolved.


Call with Quiam (4:30 pm, 21/11/2024 Claim processed, payment expected "anytime" from then, latest in the morning 22/11/2024
Follow-up call (morning 11:55, 22/11/2024 Lady promised callback at 14:00, which didn't happen.
Second follow-up call (4:00 pm): Spoke with Enray, who stated payment would take 2-3 working days and promised supervisor Dallen Peterson would call back.From hours from now to 2-3 working days.

_Current Status:_

Despite numerous promises and assurances, my withdrawal claim remains unpaid. I have wasted significant time and airtime on prolonged calls, only to be met with broken promises and unfulfilled expectations.

_Request:_

I request:

1. Immediate payment of my withdrawal

I hope this follow-up complaint will prompt a swift resolution to my issue.

Sincerely,
Sandy


Old Mutual
Old Mutual's reply22 Nov 2024, 17:07
Official
Good day Sandy,

We acknowledge receipt of your review and sincerely apologise for the service experience you encountered. We are committed to investigating this matter thoroughly and will make direct contact with you should further information be required.

Kind regards
Old Mutual Complaints Management