AN
Andile N

1 reviews | Active since Feb 2025

18 May 2026, 09:39

Double deductions issues on retirement annuity

Good morning I'm writing to express my disappointment in how you've been handling my issue.

On may 5th i wrote an email to life@sanlam explaining that i just got an sms stating that my retirement annuity for April wasn't paid, i was perplexed given that i received an sms from my bank that the debit order went through.

When i checked my bank statement they had taken their money and the money was sent back again into my account without my knowledge.

When i called to find out they are telling me that they didn't get money because of insufficient funds which isn't the case because they took their money and when they did i still had sufficient money in my account.

If i had no money it was gonna bounce and charge me R8.50

I recently received an email from 3days back saying the issue has been resolved ans when i check they didn't resolve the issue they only spoke about my funeral plan which i didn't mention anything about.

Now i am being told they have to do double deductions which i don't understand because the issue is on your side, i had money you took and and brought it back which i don't understand why but now i have to pau double.

This is a huge inconvenience because I've neber had issues like this with sanlam, this was done for both my retirement and funeral cover.

How am i supposed to pay back double for issues you caused...

0
Replies (3)
Sanlam
Sanlam's reply18 May 2026, 09:53
Official
Good day Andile  We are sorry to hear of your poor client service experience. We have referred your complaint to Sanlam Life. Regards
 Sanlam Client Care
AN
Andile N's update18 May 2026, 10:14
Reviewer Update
Hopefully this matter can be resolved today because there's no way I'm gonna be told to wait another 2 weeks while previously they wasted 2 weeks resolving the wrong thing and when it came to their response they didn't explain a single thing.

Can the issue be handled by manager or someone higher up because when i called today they kept saying i need to pay twice, there's nothing they can do while the issue is on their side. I really need their manager to call me before this is unacceptable, given that I've been with them for years and never had issues
Sanlam
Sanlam's reply18 May 2026, 10:33
Official
This is to confirm that you have been contacted and will be assisted further.
 Regards
 Sanlam Client Care