Old Mutual

2024 - 3 - 11

Old Mutual Faces Social Media Backlash and Boycott Threats

customer trust - financial services - Old Mutual - social media backlash

Old Mutual under fire as social media erupts over pension payout controversy. Users express outrage and call for boycotts. #OldMutual #PensionScandal

Old Mutual, a prominent financial services company, is currently embroiled in a heated controversy as social media users launch a massive backlash against the company. The storm began when a user's post accusing Old Mutual of withholding pension savings from a client went viral, sparking widespread outrage. Calls for boycotts have since flooded social media platforms, with many expressing their anger and disappointment at the company's actions.

The situation escalated further when it was revealed that Old Mutual allegedly defied a court order related to the pension payout, intensifying the public relations nightmare for the company. Numerous users shared their negative experiences online, leading to Old Mutual trending across various platforms. The company is now facing severe criticism and scrutiny over its handling of the pension issue, with voices of discontent growing stronger by the day.

In addition to the pension scandal, Old Mutual has come under fire for alleged mistreatment of former staff and customers. Social media has been inundated with posts detailing poor treatment and dissatisfaction with the company's practices. The negative publicity has significantly damaged Old Mutual's reputation, casting a shadow over its credibility and trustworthiness.

Despite the challenges and criticisms, Old Mutual continues to be a powerful player in the financial industry. The company's handling of the current controversies will undoubtedly have a lasting impact on its relationships with customers and the public. As the situation unfolds, Old Mutual's response and actions will be closely watched by both critics and supporters, shaping the company's future reputation and standing in the market.

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Image courtesy of "News24"

Old Mutual faces deluge of boycott calls after claim it withheld ... (News24)

Old Mutual is facing boycott threats after a social media storm erupted over its alleged refusal to pay out the pension savings of a client in defiance of a ...

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Image courtesy of "The Daily Voice"

Old Mutual faces public lashings over a mom's pension (The Daily Voice)

Old Mutual has been facing a public relations nightmare after a user on social media post sparked outrage over the company allegedly defying a court order.

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Image courtesy of "Scrolla.Africa"

'Old Mutual is a scam' — social media (Scrolla.Africa)

By Rorisang Modiba. Old Mutual became a trending topic on X over the weekend, with users sharing their experiences of not receiving payouts from their life ...

OLD MUTUAL LIMITED – Form 8.3 Disclosure - Sens (Moneyweb.co.za)

security. (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any).

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Image courtesy of "msnNOW"

Old Mutual SA under fire for alleged mistreatment of former staff and ... (msnNOW)

As of last week, social media has been abuzz with numerous posts from dissatisfied customers and former employees who spoke of the poor treatment they had ...

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Image courtesy of "Bona Magazine"

Zakes Bantwini and Co criticise Old Mutual - 'Only R380 we receive ... (Bona Magazine)

The well-renowned insurance company Old Mutual has officially landed itself in hot water after a series of public complaints tainted the company's %%

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Image courtesy of "Independent Online"

Old Mutual SA under fire for alleged mistreatment of former staff and ... (Independent Online)

As of last week, social media has been abuzz with numerous posts from dissatisfied customers and former employees who spoke of the poor treatment they had ...

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Image courtesy of "Independent Online"

Old Mutual SA tenders apology to South Africans (Independent Online)

Despite the assurance given by Old Mutual SA to resolving the matter, other customers have started sharing screenshots of their cancelled policies.

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Image courtesy of "Business Day"

Old Mutual faces reputational damage after X storm (Business Day)

Listed financial services group Old Mutual is in the midst of a social media storm, as outraged users call for consumers to move their policies to alternate ...

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Image courtesy of "msnNOW"

Old Mutual SA tenders apology to South Africans (msnNOW)

Despite the assurance given by Old Mutual SA to resolving the matter, other customers have started sharing screenshots of their cancelled policies.

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Image courtesy of "Scrolla.Africa"

Old Mutual accused of not paying out policies (Scrolla.Africa)

By Rorisang Modiba. Old Mutual became a trending topic on X over the weekend, with users sharing their experiences of not receiving payouts from their life ...

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Image courtesy of "msnNOW"

Old Mutual faces a public fire-storm for allegedly defying a court ... (msnNOW)

The disgruntled social media user named Sebabatso Molefi went viral on March 5 when she wrote on X. “Dear @OldMutualSA please advise why you are refusing to ...

OLD MUTUAL LIMITED – Old Mutual Trading Statement for the Year ... (Moneyweb.co.za)

OLD MUTUAL TRADING STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2023 Investors are advised that Old Mutual is currently in the process of finalising its results ...

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Image courtesy of "Moneyweb.co.za"

Old Mutual sees profit jump on 'exceptional' new-business growth (Moneyweb.co.za)

Profit after tax likely increased to as much as R7.59bn in the 12 months ended December 31.

TOP NEWS: Old Mutual sees robust 2023 results on strong new ... (Shares magazine)

Adjusted headline earnings growth was further bolstered by increased shareholder investment returns as a result of increased interest rates and a recovery in ...

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Image courtesy of "City A.M."

Old Mutual expects up to 45 per cent jump in annual profits (City A.M.)

Pan-African financial services group Old Mutual said profits surged 45 per cent last year due to “exceptional growth” in new business.

TOP NEWS: Old Mutual sees robust 2023 results on strong new ... (AJ Bell Youinvest)

Old Mutual Ltd said on Tuesday it expects strong annual financial performance, underpinned by 'exceptional growth' in new business and value of new business ...

TOP NEWS: Old Mutual sees robust 2023 results on strong new ... (Morningstar)

(Alliance News) - Old Mutual Ltd said on Tuesday it expects strong annual financial performance, underpinned by "exceptional growth" in new business and ...

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Image courtesy of "IOL"

Old Mutual share price takes a hit after social media backlash and ... (IOL)

Listed insurer Old Mutual's share price dropped by around 6 percent as the company faced a wave of online backlash over the last week.

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Image courtesy of "SAPeople News"

Old Mutual meets with Molefi following social media blast ... (SAPeople News)

Old Mutual has met with Sebabatso Molefi after the popular social media user blasted the insurer for not paying out to her family.

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Image courtesy of "msnNOW"

“We apologise unreservedly”- Old Mutual (msnNOW)

Old Mutual has come to an agreement with a disgruntled customer after, the insurer refused to pay out her mother's claim.

OLD MUTUAL LIMITED – Form 8.3 Disclosure - Sens (Moneyweb.co.za)

security. (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any).

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Image courtesy of "Independent Online"

Old Mutual SA reaches agreement on R3-million pension payout (Independent Online)

Following a meeting between Old Mutual, Sebabatso Molefi and her mother's legal representative today, the insurer announced that they had a positive engagement.

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Image courtesy of "Business Day"

Old Mutual meets unhappy client amid uproar (Business Day)

Financial services provider Old Mutual has met Sebabatso Molefi after it did not pay her mother's pension despite a court order ruling it must, leading to ...

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