CR
Caroline R

1 reviews | Active since Feb 2016

04 May 2023, 11:18

Utterly disgusted by Sanlam, delays in pension withdrawal payout

Sanlam was the pension fund administrators appointed by my previous employer. I resigned in February and my last day was on the 28th February 2023. I requested a pension withdrawal in March and submitted all documents to Sanlam, the administration of my fund withdrawal was assigned to in Bongani Mabena.

On the 16th of April SARS issued a tax directive to Bongani. I then communicated again with Bongani on the 22nd April, where he confirmed that all the necessary authorisations and tax directives were received and payment has been processed. He then indicated that the money will reflect in my account by Wednesday 26th April.

I have been trying to contact the fund line 0860 100 *** since Wednesday the 26th upon realising that the funds have not reflected. The line is on an automated response. Yesterday I sent an email to Bongani and received an automated response that the administration of my former employer has been moved from Sanlam to Alexander Forbes effective 1st May 2023.

I called AF and they claim that they have no record of my fund and they are on downtime until the 15th May 2023. This is unacceptable as it goes against the agreement I signed with Sanlam that my funds will be paid in 4-6weeks, which in this case my payout is overdue at the current moment.

0
Replies (10)
Sanlam
Sanlam's reply04 May 2023, 11:31
Official
Good day Caroline

We apologise for your service experience and have escalated the matter for assistance.

Regards
Sanlam Client Care
Sanlam
Sanlam's reply04 May 2023, 14:06
Official
Goof afternoon Caroline

We have received feedback that you have been contacted and that you are being assisted.

Regards
Sanlam Client Care
CR
Caroline R's update04 May 2023, 14:19
Reviewer Update
The response that I got from the Complaints team that the matter has been escalated is basically the same response that I got from your initial message. So I wouldn't necessarily call it being assisted.

I still don't have any answer from both responses and I'm battling to understand why it would take over 4days to punch in my ID and check what the delay is?
Sanlam
Sanlam's reply04 May 2023, 14:39
Official
Hello Caroline

We understood that the Complaints team are busy investigating the matter and that they have also requested feedback from the Benefit payments team.  We further understood that you were provided with a date by which, for the latest, they would provide you with feedback.

Regards
Sanlam Client Care
CR
Caroline R's update04 May 2023, 14:49
Reviewer Update
It takes the client team minutes to get hold of the Complaints and Benefit payments team but it takes both teams 4days to punch in my ID and respond.

I went through the complaints on this platform and the number of complaints regarding delayed payouts trend is horrific.
Sanlam
Sanlam's reply04 May 2023, 15:11
Official
Hello Caroline

You are welcome to address this directly with the Complaints team, by responding to the email they have sent you.

Regards
Sanlam Client Care
CR
Caroline R's update08 May 2023, 16:39
Reviewer Update
I waited for Sanlam's response but apparently they are still escalating to another Senior Manager. Their complaints officer Zodwa Ramovha, who is supposed to be the person in communication with the Claims team has no answer to any of the questions that I have asked, 4 days later. There is no accountability within Sanlam, all the responsible people don't stick to the promised timelines and a customer has to suffer.
Sanlam
Sanlam's reply08 May 2023, 16:46
Official
Good afternoon Caroline

We are sorry to hear that you have not been assisted.  We have requested urgent assistance with the matter.

Regards
Sanlam Client Care
CR
Caroline R's update08 May 2023, 17:02
Reviewer Update
List of people that I have been in contact with within Sanlam via email and they have provided zero assistance.
Bongani Mabena
Alicia Padayachee
Zodwa Ramovha
Sylvia Lesabeer
Sanlam
Sanlam's reply10 May 2023, 15:52
Official
Good day Caroline

We have received confirmation that you have been contacted.

Regards
Sanlam Client Care