ND
Nyameka D

1 reviews | Active since May 2021

10 May 2021, 11:36

Bad and below standard service and advise

Financial planner Caolin Pillay of Standard Bank, Anton Lembede branch misinformed me when I approached him to enquire if I could access the 2/3 of my pension fund so that I could resign if I couldn't. He reassured me that I could access it and even suggested that I open an account with them so that the 2/3 portion could be paid into it. Last week the 07 May I called to enquire and I was informed that I, infact, could not access the 2/3 portion of my pension as it had to go into a Retirement annuity plan. When I went back to him he denied advising of such and put the blame on me and said I should have enquired from my HR. This has now caused a lot inconvenience and going back and forth as well as he said she said arguments took place.

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Replies (1)
Standard Bank
Standard Bank's reply11 May 2021, 12:23
Official
Hi Nyameka D

Thank you for posting your comment. 

We assure you that as an organization we are committed to providing the best possible service and assure you that this will be addressed as a matter of urgency. 

We apologize for the inconvenience and undue frustration, this has caused.
  
We greatly appreciate your continued support.

Kind regards 
Complaint Resolution Centre
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