Sanlam charging 30% in ongoing fees on investment policy

<p>It came to my attention at the beginning of this year in a statement that Sanlam sent out that they were charging 30% in fees. I contacted Sanlam and also approached two Sanlam brokers to take up this matter. I never received an explanation why the fees ere so high. In addition, I was advised to grin and bear it, it was an "old" policy. There is nothing I could do the the monster Sanlam.</p> <p>Over the past 3 months an amouont of R1929. The charges came to R596. Please note that htese are ongoing charges, not once off charges. THis comes to a service fee of over 30%. I think I have reason to be upset.</p> <p>FYI, the polocy no is: </p> <p> ********** 35X6</p>