sM
sthandiwe M

1 reviews | Active since Jun 2014

21 May 2021, 11:55

Sanlam Pension Fund Payout

It honestly cant be this hard to get a pension payout processed! I was given a 10-working day timeline from time of receipt of documents from my previous employer. We are now on day 15 and I was told it could possibly take a few more weeks!!!! The reason for this remains a mystery! Today, your payment specialist advised me that I had a settlement letter outstanding on my claim. I personally received the letter from Standard bank on Tuesday and forwarded it to Sanlam on Wednesday morning. This was followed by at least 4 calls to confirm receipt and requesting clarity on the payment date. An hour ago, your "specialist" is still waiting on said letter and is now not responding to my emails. I am simply at a loss. All I know is that it cant be this hard for me to get MY money paid to ME!

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Replies (4)
Sanlam
Sanlam's reply21 May 2021, 11:59
Official
Dear Sthandiwe

We acknowledge receipt of your complaint. Please provide your ID number in the private field for further investigation.

Kind regards, 
Sanlam Client Relations 
Sanlam
Sanlam's reply21 May 2021, 12:46
Official
Thank you for your details. Your matter was escalated to the relevant department for further handling. 

Regards,
Sanlam Client Relations
sM
sthandiwe M's update24 May 2021, 10:43
Reviewer Update
I was advised last week that I should expect a response on the 26th. Considering that my main complaint is regarding what i deem to be ridiculously pro-longed timelines, this response is simply unacceptable!
Sanlam
Sanlam's reply24 May 2021, 11:13
Official
Good day, Sthandiwe

Please accept our apologies for the poor service received. We are following up with the relevant department. 

Kind regards,
Sanlam Client Relations