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candice O

1 reviews | Active since Feb 2024

02 Feb 2024, 12:19

pathetic service

i have had so many investments with old mutual over a period of my working life and the one time i want to release funds from my sons Essentials savings policy to pay school fees i am being given the run around, documents were submitted on the 16th of January 2024 and i was told it takes 9 working days for the funds to be released however to date no funds, its the 02nd of February and i haven't received anything, now im being told about tax partners and the funds are in a holding account and that i should call back on Tuesday to follow up, what hogwash is this?

i am not borrowing this money nor am i asking for credit but my own damn money that ive been saving for over the years to ensure that my sons fees can be paid on time

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Replies (3)
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candice O's update02 Feb 2024, 23:48
Reviewer Update
And im still waiting for a call back....too good to be true
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candice O's update05 Feb 2024, 09:33
Reviewer Update
now im on a call with Old Mutual, and im being told that my money was paid into an account i told them is closed and is no longer in use......i need urgent feedback regarding this and the money to be paid to me asap...this is starting to affect me and my son as he will not be allowed to attend school...what is the point of asking for proof of banking details if you going to use whatever suits you??? i specifically advised a lady with the name of Wasiela that i want the money to be transferred into my tymebank account and yet the money was paid into a closed account.... this is really frustrating, i havent received an email requesting more information
cO
candice O's update07 Feb 2024, 11:45
Reviewer Update
and yet again i am here, no feedback regarding my payout, was initially told monies were paid into the incorrect account, then advised of a tax directive from sars of which i know nothing about, the complaint resolution officer is as absent as old mutuals communication....i am super frustrated, im on hold currently and no one actually knows what is happening....i want my money to be paid out, im constantly being told its being escalated, however nothing comes from these "escalations", i will be taking this up with the ombud.....as i see on this app that Old mutual has a lot of dissatisfied customers due to lack of service....no one comes back to you with any feedback and i have literally spoken to everyone in the call centre and even had a manager on the line that blatantly **** to me....

utterly disgusted and i will be moving whatever products i have over to Sanlam