PK
Parbhoo K

1 reviews | Active since May 2020

16 May 2024, 17:56

Poor investment

I invested with sanlam acculative bonus. The worst investment I ever made. Promises of making retiringment goals Hassel free turned out to be a nightmare. The brokers made more money than I over the 5 year period. You are promised a bonus when sign up but trapped over a period of time as opting out cost you too much. Over 5 years I grew my investment by only 3 pencentage year on year. What a bitter taste this has left for me to swallow. I made more money with my old mutual annuity which was a quarter of my sanlam investment. Please do not sign up and hand your money to sanlam acculative bonus. You will regret it. Sad but I have to live with it as time has passed me by.

0
Replies (2)
Sanlam
Sanlam's reply17 May 2024, 07:01
Official
Good day Parbhoo

We are sorry to learn that this has been your experience.

We have arranged for the relevant department to look into the matter.

Regards
Sanlam Client Care
Sanlam
Sanlam's reply17 May 2024, 14:17
Official
Good afternoon Parbhoo

We have received feedback that our Complaints team has reached out to you.

Regards
Sanlam Client Care