ID
Iqra D

1 reviews | Active since Dec 2024

11 Dec 2024, 23:38

Sanlam pension fund pay out

I had resigned from the company end of September and everything was submitted to Sanlam for the pension pay out. It has been close to 3 months and i have received nothing. I have been calling every week and i hear a new story every day. There turn around time is 10 working days and it has been 3 months and i have received nothing. There wait time is 15 minutes for an agent to answer the call, how can they expect an unemployed person to waste their airtime like this?? Yet they are the ones holding the money. I am supposed to pay my child school fees next year, how can i pay without them releasing it. After 3 months only an administrator was appointed on my fund. What have they been doing for 3 months. Please call me back and release my pension fund urgently.

0
Replies (3)
Sanlam
Sanlam's reply12 Dec 2024, 07:37
Official
Good day Iqra

Thank you for getting in touch with us regarding your complaint.  We apologise for the frustration and have escalated your request to the relevant team to assist you.

Regards
Sanlam Client Care
ID
Iqra D's update12 Dec 2024, 11:28
Reviewer Update
Dear Sanlam

I have been calling and all i hear that it has been escalated, for the past 2 weeks it has been escalating, yet the pension fund is not released. I have not received any call nor an email from any member of your team. Kindly advise when exactly will the pension fund be released. How long more will it take for it to be released. Please let me know the exact date.
ID
Iqra D's update12 Dec 2024, 12:38
Reviewer Update
You guys are a joke, i had submitted everything for a withdrawal for a pension fund pay out 3 months ago and now i get a paid up certificate from Sanlam indicating the money has been invested, while i didnt sign up for this. I specifically asked for a withdrawal in cash. How is this even possible. RELEASE THE PENSION FUND