CP
Claire P

1 reviews | Active since Oct 2015

12 Apr 2018, 11:00

Old Mutual- useless!

When I needed to withdraw my pension fund, I received no help or advice from Old Mutual. I went to my nearest branch and was told that branches don’t offer advice, I must phone head office. I was sent documents from head office that I could not complete alone. The email address was a “do not reply” one, so I hit another dead end. Eventually I asked a broker for assistance as calling the Old Mutual call center is a complete waste of time... your call is never answered, just music and automated announcements about your call being important. This has been going on since January, it is now April. I am losing interest on money daily that Old Mutual REFUSES to pay out. It’s more than 5 weeks since all documents were successfully submitted, and I have yet to hear a word. I have emailed them THREE times now and have not received any response. By far the worst institution to try and do business with and I would not recommend their services to anyone!

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Replies (2)
Old Mutual
Old Mutual's reply12 Apr 2018, 19:22
Official

Dear Claire

I am sorry to hear of your experience and will be investigating this matter and provide you with feedback.

Kind regards

Belinda Hunt

Complaints Management

Best regards,

Old Mutual
Old Mutual's reply17 Apr 2018, 18:30
Official

Dear Claire

I have received confirmation that you were contacted and are being assisted by our fund administrators. Thank you for bringing this to our attention.

Kind regards

Belinda Hunt

Complaints Managemebt

Best regards,