1 reviews | Active since Sept 2023
Old Mutual Claim Payouts
Old Mutual is a highly reputable financial institution with a large pool of clients, given the products or services they offer. However, my experience with them is very frustrating and I would not recommend them anymore to poeple who want to invest. Their payouts are always untimely and whether they have policies like most companies do, it is always a missions when it comes to paying out. The past two times that I made a withdrawal from them, I had to complain for me to get my money, and now even with the 2-pot system, I would have thought it would be different, but no. Upon making the claim, you are met with a 30 day waiting period which does not make sense, given that some service providers can pay their members within 7 days, and they also use SARS just as they do. I am not happy with them based on this one thing, it is always a mission and no customer wants to go though all this administration. I do not even receive updates or status on my claim.
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
Delia Smit
Old Mutual Complaints Management
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
Delia Smit
Old Mutual Complaints Management
I have not heard from Old Mutual since the day of publishing this review. A Complaints Administrator by name of Bilqees was kind enough to respond on the same day to assure me that the 2-pot team will get back to me shortly. I sent a follow-up email to find out if there are any updates and to date I have not heard back from them. I am worried and I am really frustrated at this point.
I have not heard from Old Mutual since the day of publishing this review. A Complaints Administrator by name of Bilqees was kind enough to respond on the same day to assure me that the 2-pot team will get back to me shortly. I sent a follow-up email to find out if there are any updates and to date I have not heard back from them. I am worried and I am really frustrated at this point.
