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Rendani R

1 reviews | Active since Oct 2016

11 Dec 2018, 16:54

Stay away from Old Mutual Investment

Avoid unnecessary stress, stay away from Old Mutual Investment... I sent several claim documents in 2017 and they only responded after 1 year and 9 months for one of the investment policies. Their response was like 'Thank you for the claim documents received, To enable us to proceed with the payment complete the following additional forms'...

When I asked why did they take so long to request for additional info, they remain silent...Perhaps, I should expect a response in 2 years time... Are they intentionally delaying payments to keep the fund in their investment?

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Replies (1)
Old Mutual
Old Mutual's reply28 Dec 2018, 10:04
Official
Dear Rendani, we acknowledge receipt of your complaint and apologise for the poor service you have experienced.
The claim has been finalised and the payments were processed.  It will take approximately 48 hours for the funds to reflect in your bank account.
Thank you
Carol Olckers
Complaints Management