1 reviews | Active since May 2017

21 Apr 2023, 13:24

Old mutual *****s from pensioners

Hi. I have been a pensioner of old mutual for ten years. They have paid pensions on 20th or 21st for this period. This month they decide, without prior discussion. To revert to agreed contract date of 25th. While I accept they are legally correct this is benefitting from poor pensioners to earn additional interest for 5 days. If they had advised this change in advance I would understand but I am financially embarassed by this sudden switch

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Replies (2)
's update21 Apr 2023, 13:48
Reviewer Update
I have been in the phone to your service department. They continually advise that it is correct in terms of the policy. I agree. But it is inappropriate to make a significant change like this without notifying the client!
's update22 Apr 2023, 08:55
Reviewer Update
Thank you old mutual for a very speedy and efficient response to my problem. If only you had done this immediately when I contacted your call centre!! But all is well that ends well