WP
Wayne P

1 reviews | Active since Jul 2012

29 Oct 2024, 09:46

Pathetic Two-Pot Claim process for Old Mutual

Two-Pot claim was submitted 20-Sep and a massive 30 day turnaround time was Promised. I called the Call Centre and they don't know when it will be finalized, the only status is - IN Progress. So, 40 days later and OLD Mutual cannot process a small Two Pot Claim and they want you to trust them with your massive Retirement money that is crucial for retirement. Pathetic service, poor digital interface and lack of regular Customer Progress feedback. Also, there is no Online option to check your Claim Status. You must call the Call Centre - ***??? ***-1

0
Replies (8)
WP
Wayne P's update01 Nov 2024, 13:12
Reviewer Update
Delia, that you for the Automated placating but meaningless response. However, what Customers like me need from their Financial Partners is: when will my Claim be Paid? An actual Date commitment, since your SLA promise was 30 days and we are now on day 42 with no Clarity in sight.
Seems like you seem to think SLA and honoring your word is NOT important to Customers?
Please, no more Automated responses, I want a personal calls with an actual date of payment!!!
WP
Wayne P's update20 Nov 2024, 12:58
Reviewer Update
It is now a Massive 60 days since my Claim Submission (20-Sep-2024), with no committed ETA on when the Two-Pot payment will be done.

Only feedback is the Chatgpt response : "We are working tirelessly and apologize for the inconvenience"

I want Answers, not excuses and apologies.

Bilqees CARELSE, Iesa CUPIDO, you promised feedback?
How much Longer to Payment?
What is the Holdup or Blocker?
Is there any deadline ETA?

How is it possible that Sanlam can pay Two-Pot claims in 7 days and Old Mutual Cannot after 60 days?

W Phillips ***6 (OCM***0) ([TWOPC***3])

Still Unhappy Customer
Old Mutual
Old Mutual's reply21 Nov 2024, 06:56
Official
Good day

We note your comments, please be advised that this matter is been attended to and feedback will be provided via email.

Regards
Old Mutual Complaints Management
WP
Wayne P's update25 Nov 2024, 15:59
Reviewer Update
I have decided to Escalate Daily until I have:
1. ETA on Two-Pot Claim Payment
2. Reaso.for the Two-Pot Claim delay
3. Actually Payment made

Facts:
1. Two-Pot Claim was submitted 20-Sep
2. ETA promise from Old Mutual was 30 days
3. Current wait period: 65 days
4. Reason for delay: NONE given
5. Number of days above SLA ETA promised by Old Mutual = 35 days

Old Mutual
Old Mutual's reply26 Nov 2024, 07:46
Official
Good day Wayne,

We acknowledge receipt of your review and sincerely apologise 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.

Kind regards
Old Mutual Complaints Management
WP
Wayne P's update02 Dec 2024, 08:21
Reviewer Update
Still no Two-Pot Claim Payment from Old Mutual

Facts:
1. Two-Pot Claim was submitted 20-Sep
2. ETA promised from Old Mutual was 30 days
3. Current wait period: 72 days
4. Reason for delay: NONE given
5. Number of days above SLA ETA promised by Old Mutual = 42 days
6. Responses: "We are working tirelessly and apologize for the inconvenience."
WP
Wayne P's update06 Dec 2024, 19:04
Reviewer Update
76 days after submitting the Two-Pot Claim with Old Mutual, claim was finally paid.
Confidence in Old Mutual ability to look after my hard earned money and pay me out when I need it - Zero.

That is what we call Customer Confidence, irreparable ruined.

Regards, from an permanently Unhappy Customer.

Wayne Phillips
Old Mutual
Old Mutual's reply07 Dec 2024, 09:29
Official
Hello, we do note that one of our complaint assessors reached out to you telephonically, to provide you with an update.