EG
Estie G

1 reviews | Active since Jan 2023

26 Jan 2023, 13:14

False advertising and POOR service.

Sanlam has FALSE ADVERTISING with consultants/call cebtre agents who don't communicate with each other and don't really have any power to assist. In December 2022 I filled out all the required documentation to payout a percentage of my retirement fund and transfer the rest to Old Mutual. A month later nothing had bee done. I'd followed up numerous times using hundreds of rand of airtime waiting on line. Eventually I was told told that Old Mutual isn't providing Sanlam with the necessary info to do a transfer and until OM sends the info Sanlam won't be able to payout my claim or transfer (I phoned Old Mutual and they co firmed they had sent the necessary info). Last week I followed up again and suddenly the documentation at Sanlam was missing. I was then advised that in order for me onto receive my money speedily (I need the cash urgently) I could do a full payout. Sanlam's website advertises the payout to be done on 4.5 working days. I phoned AGAIN today and the consultant says to me that it is IMPOSSIBLE for the payout to be done within 4.5 working days. So FALSE ADVERTISING. Here I am a week later and I'm told by the agent that he can't tell me how long I still have to wait. This is absolutely unacceptable and frustrating. No one should invest their OWN money with Sanlam as it is a MASSIVE fight to get your OWN money back.

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Replies (2)
Sanlam
Sanlam's reply27 Jan 2023, 08:43
Official
Good day Estie

We are sorry to hear this.  Please send us a private message with the policy number as we are not able to trace your record with the details you have provided.

Regards
Sanlam Client Care
Sanlam
Sanlam's reply31 Jan 2023, 15:35
Official
Good day Estie

We have received feedback that you have been contacted and that you are being assisted.

Regards
Sanlam Client Care