WM
Wilna M

1 reviews | Active since Jul 2023

14 May 2026, 18:40

SANLAM TRUST - SANLAM LEGACY BENEFICIARY FUND - BEYOND USELESS

I wish I could give SANLAM BENEFICIARY FUND a minus -100 mark because that what they deserve. This is part of Sanlam Trust that is supposed to manage your money or rather loved ones that passed away, and a portion of pension is placed with them for the children's schooling and needs until they can manage it themselves. My daughter turned 18 - 2 months ago. NO correspondence from them. Suddenly no monthly pay out - it is not a lot but it is her matric year and there is expenses. I have tried to contact them via each and every email address I could get hold of - NO RESPONSE. Phone lines are not answered. For more than 2 weeks I have been trying to get hold of them. If you have a choice - DO NOT USE SANLAM TRUST TO PUT YOUR MONEY IN - THEY ARE ABSOLUTELY USELESS. NO COMMUNICATION! NO HELP!! NONE! I have to wonder how they are managing funds if this is the way they operate....

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Replies (1)
Sanlam
Sanlam's reply15 May 2026, 07:00
Official
Good morning, Wilna

We apologise for your negative experience.

Please send us a private reply with your daughter's ID number.

On receipt of it, we will arrange for assistance from the responsible team.

Be assured that we will use any information you provide only to assist with this matter.

Regards
Sanlam Client Care