JJ
Johan J

1 reviews | Active since Mar 2017

23 Jun 2021, 18:35

Sanlam annuity not paid out as per contract

I have an annuity that was supposed to be paid out on 01 June 2021 as per contract. Upon enquiring about this when the payout did not happen, i was told that the projected pay date is 23 June 2021. The payout did not happen on 23 June 2021. Upon enquiry I was told that the funds were received but not yet finalised and I will now only receive feedback on 01July 2021. This is unacceptable as I am losing interest on my money and Sanlam did not confirm whether they are going to refund my interest that I am losing.

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Replies (1)
Sanlam
Sanlam's reply23 Jun 2021, 18:47
Official
Dear Johan 

We acknowledge receipt of your complaint. Your matter was escalated to the relevant department for further investigation.

Kind regards
Sanlam Client Relations