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Emmanuel

1 reviews | Active since Feb 2022

04 Nov 2025, 12:53

Two-Pot Withdrawal Issue

I have been attempting to withdraw from the two-pot retirement system for the past two weeks. Each time I reach the final step—where I am required to accept the terms and conditions, the system displays an error message stating: “Please try again later.” Despite multiple attempts over several days, the error persists. Eventually, the system began displaying a message saying: “For security reasons, your request cannot be processed.” I contacted Old Mutual for assistance, and although several consultants tried to help me submit the request via the website, we continued to encounter the same error. Multiple representatives have called me and attempted to resolve the issue, but the request still cannot be submitted. The last person from the IT department informed me that I would be able to submit the request after 72 hours. However, I have not received any follow-up communication, and the issue remains unresolved. This situation has become extremely frustrating. I am unable to access my funds, and it appears that no one from Old Mutual is taking further steps to assist or provide clarity. I would appreciate urgent intervention to resolve this matter and a clear explanation of why my withdrawal request cannot be processed.

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Replies (8)
Old Mutual
Old Mutual's reply04 Nov 2025, 13:40
Official
Good day, we are very sorry for the delay. We are following up on this for you. to request that feedback be provided to you.

Kind regards
Old Mutual Complaints Management

Best regards,

E
Emmanuel's update04 Nov 2025, 14:04
Reviewer Update
All I want is to be able to withdraw my money. It has been two weeks now, and I am still unable to complete the process. I’ve followed every step, but the system continues to block my request. I simply want access to the funds I’m entitled to.
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Emmanuel's update06 Nov 2025, 14:29
Reviewer Update
I am writing to express my deep disappointment regarding the lack of communication and support I have received over the past two weeks. Despite multiple attempts to withdraw funds that I am legally entitled to, I have encountered repeated failures and delays. It has now been two days since I was told someone would contact me, yet I have not received any follow-up.Is this truly how Old Mutual defines customer care? The absence of assistance and accountability is unacceptable. If I had the option, I would withdraw all my funds and return to Alexander Forbes, where service delivery was consistently smooth and professional.
Old Mutual
Old Mutual's reply06 Nov 2025, 15:32
Official
Hi Emmanuel

We note that our team has been updating you via email. We will continue to do so until this is resolved.

Regards,
Old Mutual Complaints Management

Best regards,

E
Emmanuel's update06 Nov 2025, 17:05
Reviewer Update
I am extremely disappointed by the lack of meaningful communication regarding my withdrawal request. When you claim that your team has been updating me, what updates are you referring to? A single email stating that my query has been escalated to the Two-Pot department does not constitute proper follow-up or resolution. It is unacceptable to receive generic responses while my query remains unresolved. I would not be writing this complaint if I had been receiving genuine updates. I urge you to take responsibility and refrain from offering vague reassurances. Please do the work you are paid to do and treat this matter with the urgency and professionalism it deserves. If I do not receive a substantive response and resolution, I will escalate this matter to the Office of the Pension Funds Adjudicator.

Old Mutual
Old Mutual's reply06 Nov 2025, 17:25
Official
Hi Emmanuel, we sincerely apologise for the frustration and lack of communication you’ve experienced, this is not the level of service we strive to provide. We are following up on this for you.

Regards,
Old Mutual Complaints Management

Best regards,

E
Emmanuel's update11 Nov 2025, 11:11
Reviewer Update
I am writing to formally escalate a matter that has remained unresolved for over three weeks. I initiated a withdrawal request, which repeatedly generated error messages, and was assured that someone would contact me to assist with the process. To date, I have received no feedback, no resolution, and no explanation for the delay. The continued lack of communication is unacceptable and suggests that I am being denied access to funds to which I am legally entitled, an act that may be in contravention of the Pension Funds Act. This situation reflects a serious failure in service delivery and internal accountability. I therefore request that this matter be escalated to Executive Management without further delay. I expect to receive a formal explanation for the delay and a clear timeline indicating when I will be able to access my funds.
Old Mutual
Old Mutual's reply11 Nov 2025, 11:46
Official
Good Day Emmanuel,

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

Regards
Old Mutual Complaints Management

Best regards,