MM
Monicca M

1 reviews | Active since Mar 2023

14 Mar 2023, 15:35

Pension fund.

I was working for Standard bank for the past seven years, I have resigned on the 30th November 2022 and served 30 days notice, my last day was on the 30th December 2022. On the 19th of January I went to the branch to complete the pension fund forms, I contacted the standard bank group for retirement and pension fund several times, they will always tell me that they didn't receive any documents but the last consultant I spoke to, she told me that my documents have been sent to Alexander forbes and the process will take 8 to 12 weeks, today I contacted one of alexander forbes branches and they told me that they didn't receive any documents from Standard bank retirement group. I have bills to pay every month and debits orders must go through, eg funeral plans and life cover etc. I have been patient enough, I can't take it anymore. I also have a credit card and a loan with standard bank and they threaten to take me to the attorneys, how will I pay them while they delay my pension fund. One of their values is people, honestly speaking they have failed me. Even today Alexander forbes has not yet started with the process of processing my funds, because they didn't receive any documents from standard bank and on the other side I am using a cheque account which is on a negative balance.

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Replies (11)
Standard Bank
Standard Bank's reply14 Mar 2023, 15:44
Official
Hi Monicca

Thank you for alerting us to this. Please provide us with your ID number to be able to follow up.

We can assure you that your matter is now in the right hands. 

Our team will be in touch.

Kindest regards, 
Standard Bank Hello Peter Team
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MM
Monicca M's update14 Mar 2023, 15:47
Reviewer Update
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Standard Bank
Standard Bank's reply14 Mar 2023, 15:51
Official
Hi Monicca

Thank you for the details. we will follow up and get back to you.

Our team will be in touch.

Kindest regards, 
Standard Bank Hello Peter Team
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MM
Monicca M's update14 Mar 2023, 15:57
Reviewer Update
Hopefully I will get help,my cheque account is messed up, otherwise I am taking the matter to CCMA.
Standard Bank
Standard Bank's reply14 Mar 2023, 16:28
Official
Hi Monicca

We understand your frustration and are here to help. We can assure you that your matter is now in the right hands. 

Our team will be in touch.

Kindest regards, 
Standard Bank Hello Peter Team
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MM
Monicca M's update14 Mar 2023, 16:34
Reviewer Update
Thank you, I will be waiting.
Standard Bank
Standard Bank's reply14 Mar 2023, 16:37
Official
Hi Monicca

You're welcome.

Kindest regards, 
Standard Bank Hello Peter Team
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MM
Monicca M's update16 Mar 2023, 17:21
Reviewer Update
Good day. It's been 2 days since you promised me that you will contact me, but I didn't receive anything. I repeat:
I have resigned on the 30th November 2022 but even today I didn't receive my pension funds because standard bank group failed to submit my documents to alexander forbes. I contacted them many time, I have bills to pay every month and I am using a cheque account. May you please investigate because somebody must pay for all the negative balances on my account and for all the debit orders that are bouncing in and out of my account. I don't even have money to buy airtime and data. I am hopeless.
Standard Bank
Standard Bank's reply16 Mar 2023, 17:28
Official
Good Day Monicca

Rest assured our team is working around the clock to ensure that your query gets resolved

Our team will be in contact with you.

Kind Regards 
Standard Bank Hello Peter Team
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MM
Monicca M's update16 Mar 2023, 17:49
Reviewer Update
Thank you.
Standard Bank
Standard Bank's reply16 Mar 2023, 22:34
Official
Hi Monicca

You are welcome.

Warm Regards 
Standard Bank Hello Peter Team
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