SJ
Sheensh J

1 reviews | Active since Dec 2024

04 Dec 2024, 07:39

STANLIB withholds investments

I manage an investment account and issued withdrawal instructions which were acknowledged but not carried out. STANLIB decided to FICA and while undergoing the process froze the account. Despite complying they ignore emails. After listening to piped music on their help line for 30 minutes I had to hang up as it was clear that there is no will to serve their clients. What action must be taken. They are putting their clients in a bad situation not having access to their own money to pay taxes and wages. The Xmas break is looming and I suppose the office will close.

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Replies (1)
STANLIB
STANLIB's reply04 Dec 2024, 12:24
Official
Good day Sheensh,

Thank you for bringing this to our attention. 

Kindly note that one of our consultants will contact you to assist. 

Kind Regards, 
STANLIB Resolutions