1 reviews | Active since Feb 2014
Surrendering a policy
So i went into the above mentioned department on 09/01/2016 to surrender a policy that i had with OLD Mutual and was told that the money would be paid to me by the latest after 5 working days (Today - 15/01/2016) but was told that i could expect it by the 13/01/2016 .<br> <br> I was sent a transaction summary that noted the following : <br> ** The transaction turnaround time for the process may vary depending on your portfolio.<br> The turnaround time is based on the longest time it would take for the various processing areas once all<br> the requirements are met.<br> <br> This turnaround time mentioned was 5 working days. i called into the Customer Service center only to be told that the request was only received today (15/01/2016) and that i would only be getting my payment after another 5 working days ?? <br> <br> How unprofessional of OLD Mutual , this is really unacceptable and i am really dissapointed in them as this was my first time working with them and was considering taking my Retirement Annuity with them... Well i guess i can scratch that Idea from EVER happening again. <br>
Thank you for bringing this to our attention. We will investigate and contact you directly to resolve.
Kind regards
Belinda Hunt
Best regards,
Thank you for bringing this to our attention. We will investigate and contact you directly to resolve.
Kind regards
Belinda Hunt
Best regards,
