KM
Kenneth M

1 reviews | Active since Aug 2015

26 Aug 2015, 16:18

Inappropriate advise

I bought retirement investment with stanlib, The financial advisor never conducted risk analysis and never provided records of advise, she never declared her qualifications. I report the matter with Fiasombudsm but it almost year now without a solution. The financial advisor did not even consider to keep the investment with the previous company as she only wanted to gain commission from my retirement investment . The advise was inappropriate has it was never compared to other investments .

0
Replies (1)
STANLIB
STANLIB's reply28 Aug 2015, 19:23
Official
Hello mathebek,

Thank you for bringing this issue to our immediate attention.

We are concerned that you have not had adequate redress on your complaint about the original advice you received. As explained in my e-mail early this afternoon, all we can offer is to facilitate communication with the various parties. STANLIB is not licensed to give financial advice or comment on financial advice given to investors.

We will await your response to our e-mail.

Warm regards
Barbara Egan
on behalf of the STANLIB team

Best regards,