KM
Katlego M

1 reviews | Active since Mar 2014

23 Oct 2024, 17:54

Failure to process two pot withdrawal within the specified timeframe set by sanlam

I app**** for my two pot withdrawal on the 23 September 2024, I received an automated reply that my claim will be finalised by 15 October 2024. To date no payment (23 October 2024) or progress has been received. I took the initiative and called sanlam twice, no progress on the claim to date, nothing has been done on my file, no tax directive requested from sars. They keep saying this is due to high volume. If sanlam is struggling to process two pot withdrawals like other big companies, how do we trust that they will handle our retirement claims in time or other claims within acceptable timeframes? I am starting to wonder if I made the right decision to trust sanlam. They are failing to process a simple two pot withdrawal claim, while other companies like GEPF and old mutual are doing better for their clients. Very disappointed in sanlam, was not expecting this type of service from such a reputable company. Sort out your processes please this is unacceptable.

0
Replies (4)
Sanlam
Sanlam's reply23 Oct 2024, 17:57
Official
Good day Katlego

We are sorry to hear about your poor client service experience. We have referred your complaint to Sanlam Life.

Regards 
Sanlam Client Care 
KM
Katlego M's update23 Oct 2024, 18:21
Reviewer Update
I need action from sanlam and my money in my account, I hope they will give this matter attention it deserves, not excuses.
Sanlam
Sanlam's reply25 Oct 2024, 08:55
Official
Good day Katlego
This is to confirm that you have been contacted.

Regards 
Sanlam Client Care 
KM
Katlego M's update25 Oct 2024, 09:12
Reviewer Update
Yes, I was contacted and was promised my claim will be processed and paid next week. I will give feedback on this platform next week.