1 reviews | Active since Dec 2014
Old Mutual wealth
In early Feb2022 I read about the SARS tax changes to treatment of tax on annuities. On the 7/02/22 I emailed Old mutual wealth ,giving clear instructions to leave my tax "as is ". This was confirmed by them on the same day.( Abu-Bakr Kenny) Great service , so far. However, to my horror, I discovered that this confirmed instruction had been ignored by them, and a much larger tax amount was deducted !! I queried this on the 24/4/22 and referred them to my instructions and subsequent confirmation reply . I did receive a reply ( Nonkosi Mandlakhe) stating that the deduction was too late to be corrected and NO REFUND would be forth coming !! Even though I was way ahead of the game ... I responded "in no uncertain terms ", to which I have yet to receive any sort of response from anybody In Old Mutual Wealth !!! It is also surprising that a family member of mine had the same problem but received the option to get his excessive tax back straight away ..Same company - different staff !!!
We are sorry to hear about the service experience. We will investigate and contact you directly to assist.
Regards
Thabiet Mintin
Old Mutual Complaints Management
We are sorry to hear about the service experience. We will investigate and contact you directly to assist.
Regards
Thabiet Mintin
Old Mutual Complaints Management
