Hereford
Broker supports companies unethical behaviou

Our company recently decided to engage us in a "retirement fund" .. note fund. The gave us an RA, Mr Graham Dyer informed us that this is compulsory and our business manager made it compulsory even if we cant afford it. We where pushed into an office and forced to sign. No interaction, a presentation and then told this is what you get now sign and you cant leave until you sign. 1. How can we be forced to signed for a deduction that is not compulsory by law, yes the government wants companies to introduce retirement funds, but not RA's, this type of product we know is to top up your provident fund, the company should provided a provident fund. 2 How can Mr Graham Dyer miss lead us on this, this is not true retirement funds why did he not propose a provident fund!!! He also told us we are getting inrease to cover it.3. How can he tell people with existing RA's they must close them and take this one, they have no option! We all know he gets commission! THE COMPANY HAS NOT GIVEN US A TRUE PROVIDENT FUND THEY HAVE GIVEN US AN RA, THIS IS NOT A REAL PENSION FUND. WHY IS MR DYER AND THE BUSINESS MANAGER ALOUD TO FORCE THIS PRODUCT ON US UNDER DURESS AND FALSE INFORMATION. It Herefords Face

Company: Hereford
Country: South Africa
City: Durban

  <     >