Worst Fund managers ever- *****ulent saving values and tax brackets

Sygnia is by far the worst company to be handling our pension funds.

First it was announced that we would be eligable to claim from our two pots from 1st September 2024.

However these ****** decided to put delay our access until the 16th (meaning they did not have our monies, therefore they used this period to apply for loans).

Then that's when our nightmare began:

1. The ridiculous savings balance ( which did not make sense) even employees that had been working for more than 25 years had savings balances that were less than R300 000.00

2. The ridiculous tax brackets (which still does not make sense) seemingly everyone has been put on a 45% tax bracket...This need to be challenged and reported to the FSCA, Ombudsman, SARS and SARB as this is contravining the FIC Act together with POCA, the Prevention and Combatting of ******* Activities Act, 2004 (PRECCA) and POCDATARA,

3. Compliance issues when is comes to communication with claimants and claim payments at a reasonable period as prescribed in the Two Pot system gazzeted by the National Treasury