1 reviews | Active since Apr 2015
Investment Quety
I have a long term investment with OLD MUTUAL.. I started paying R200.00 53 Months ago. This amount is now R288.54 per month. Calculated at R200 X 52 months = R10 400. If we take R88.54 x 12 Months = R1062.00<br> <br> R10 400 + R1062 = R11 462.<br> <br> On the policy it shows:<br> Part withdrawal value R 12,113.28 (What does this mean?) Does this mean I made a withdrawal? <br> Nett surrender value R 11,960.28<br> <br> No one is prepared to give me answers. I have been sending emails (X 4) and only get the automatic response acknowledgement. Ref: [PEC***]<br> R 11,960.28 - R11 462. = R498.28 (Is this my accumulated interest for the past 52 Months? If so then this is a bad investment from OLD MUTUAL. I hope after they see this they will reply.<br> To ME Something is not right with this and OLD MUTUAL does not want to reply.
Thank you for bringing this matter to our attention. We sent you an email explanation and shall provide you with a breakdown under separate cover.
Kind regards
Christian Cloete
Thank you for bringing this matter to our attention. We sent you an email explanation and shall provide you with a breakdown under separate cover.
Kind regards
Christian Cloete
