LO
Lucas O

1 reviews | Active since Jan 2014

20 Jan 2024, 07:21

Sanlam working with employer to deny withdrawal of funds after retrenchment

I was retrenched a few months ago, in Nov. Today is now nearly the end of Jan and Sanlam doesn't want to bypass a single person at the employer that doesn't want to give authorisation.

I provided various documents including paperwork signed by the employer of the retrenchment with the company stamp.

But all the documentation is ignored because the withdrawal form is not signed.

Sanlam is working and benefitting from access to the funds while I have financial hardship.

0
Replies (8)
Sanlam
Sanlam's reply22 Jan 2024, 07:20
Official
Good morning Lucas

We are sorry to learn about your service experience and that you feel this way.

We have requested the relevant department to look into the matter.

Regards
Sanlam Client Care
Sanlam
Sanlam's reply22 Jan 2024, 10:11
Official
Hello Lucas

We will be sending you a Private reply.

Regards
Sanlam Client Care
Sanlam
Sanlam's reply22 Jan 2024, 10:44
Official
Thank you Lucas.

We have relayed the information to the responsible department.

Regards
Sanlam Client Care
Sanlam
Sanlam's reply22 Jan 2024, 13:20
Official
Hello Lucas

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

Regards
Sanlam Client Care
LO
Lucas O's update29 Jan 2024, 13:28
Reviewer Update
Hi
They could not bypass the former employer being a single person blocking the signing.
Even tho I paid everything, they could not bypass the person.
This is a sham on Sanlam for taking the interest of an employer over the employee.
In actual case the single person actually benefits himself for keeping other peoples money locked in the fund.

Sanlam, I will try to never have a pension fund or any other product or service again.
Sanlam
Sanlam's reply29 Jan 2024, 13:32
Official
Hi Lucas

We are sorry to hear you feel this way. Please communicate directly with Sanlam Corporate for further assistance.

Regards
Sanlam Client Care 
LO
Lucas O's update29 Jan 2024, 19:27
Reviewer Update
My surname is fixed but now my name's are wrong
Sanlam
Sanlam's reply30 Jan 2024, 07:58
Official
Good day Lucas

We have referred your review to Sanlam Corporate for correction.

Regards
Sanlam Client Care