We may receive initial, renewal and or trail commission from third parties or associated companies relating to transactions we place for you. Details of the exact amount of such commission will, where appropriate, be disclosed to you either before or immediately after a particular transaction has been arranged. We will provide you with details of the commission arrangements relating to any product, on request.
Examples of the maximum commission typically paid to us and the basis of the service provided are set out below in relation to various types of products.
The percentage figures below relate to the initial investment amount or the premium amount. In relation to renewals the percentage figures relate to the annual premium amount. In relation to trail the percentage figures relate to the value of your fund.
| Product | Maximum Initial | Maximum Renewal | Maximum Trail | Basis of Service (Fair and personal analysis) |
|---|---|---|---|---|
| Protection (Life, Income, Serious Illness) | 180% | 20% | Nil | Yes |
| Regular Premium Pension Plan | 15% | 1% | 1% | Yes |
| Single Premium Pension | 3% | Nil | 1% | Yes |
| Regular Premium PRSA | 15% | 1% | 1% | Yes |
| Single Premium PRSA | 3% | Nil | 1% | Yes |
| Buy Out Bond | 3% | Nil | 1% | Yes |
| Approved Retirement Fund / Approved Minimum Retirement Fund | 3% | Nil | 1% | Yes |
| Compulsory Purchase Annuity | 2% | Nil | Nil | Yes |
| Regular Savings Plan | 15% | 1% | 1% | Yes |
| Investment Lump Sum | 3.5% | Nil | 1% | Yes |
| Tracker Bond / Structured Deposit | 5% | Nil | Nil | No |
| Other Products | 4% | Nil | Nil | No |
The maximum commission levels may change from time to time and we will notify you in advance of any such changes.
If a provider claws back any income paid to us as a result of your contract lapsing or being transferred to another adviser or agency we reserve the right to issue you with a fee in lieu of the income clawed back.
For more on our fees or commission arrangements, please contact our office.
The information on this page is provided for information purposes only and is not an offer or the solicitation of an offer to buy, sell or subscribe for any investment or financial product. Nothing on this page constitutes a personal recommendation or a representation that any investment or strategy is suitable for your individual circumstances. The price, value and income of certain investments may fall as well as rise, and you may not recover the total amount originally invested. Past performance is not a reliable guide to future performance.