BE
Bjorn E

1 reviews | Active since Sept 2024

12 Sept 2024, 16:05

Sanlam will let you and your family starve

I have been assisting a number of clients in my capacity as their financial advisor to retire from their pension fund with Sanlam and it has been the worst experience I've ever had in trying to have client's money paid out. Many of these clients are reliant on the income from their post-retirement investments and have been almost half a year without an income due to incompetence, negligence and a complete lack of care from the responsible department at Sanlam. In the past week we've spent in excess of 5 hours on hold while waiting to speak to someone who can assist us with moving the process forward, each time leaving without any real progress being made. We're simply told each time that "the matter has been escalated", which we've seen by now means nothing as each time we call we're told the same thing. Disgusting that a company can be so careless with people's livelihoods.

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Replies (2)
Sanlam
Sanlam's reply12 Sept 2024, 16:12
Official
Good day  Bjorn 

We're sorry to hear about your experience and the delays affecting your clients' payouts. We understand the importance of timely payments, especially post-retirement.

We have referred this complaint to Sanlam Corporate to address.

Regards
Sanlam Client Care
Sanlam
Sanlam's reply18 Sept 2024, 14:39
Official
Good day Bjorn

We have received feedback that Sanlam Corporate has sent you an email.

Please be so kind as to respond to it.

Regards
Sanlam Client Care