Our Remuneration

Our Remuneration

We, Neville & Partners Limited t/a Neville & Partners & It’s your money; act as intermediary (Broker) between you, the consumer, and the product provider with whom we place your business.

The background

Pursuant to provision 4.58A of the Central Bank of Ireland’s September 2019 Addendum to the Consumer Protection Code, all intermediaries, must make available in their public offices, or on their website if they have one, a summary of the details of all arrangements for any fee, commission, other reward or remuneration provided to the intermediary which it has agreed with its product producers.

How we are paid for the professional knowledge & expertise we provide to you, our client.

 

Financial Services: Investment Intermediary and Insurance Intermediary

We will be remunerated for the financial services we provide to you in a number of ways:

 

  • By commission, fee, and other types of remuneration earned from Insurers and Product Producers to whom orders are transmitted.
  • This payment is earned by us for the work we undertake on behalf of the Insurer and/or Product Producer andby you our client as we offer advice and facilitate transactions on your behalf with the Insurers and Product Producers

What is Commission?

  • Commission is the payment which may be earned by us for the work we undertake on behalf of the Insurer and/or Product Producer andby you our client as we offer advice and facilitate transactions on your behalf with the Insurers and Product Producers. Commission is usually paid as a percentage of the premium paid or amount invested.

Types of Commission Payments 

 

Name of Commission Payment

 

Description of Commission Payment 

Single Commission Payment

     payment is based on a percentage of the premium paid/amount invested.

Initial Commission Payment

     payment is based on a percentage of the premium paid/amount invested.

Trail Commission Payment

     payment is based on a percentage of the underlying value of the investment.

Renewal Commission Payment

     payment is made at intervals throughout the term of the policy or product, usually a      percentage of the premium paid.

Indemnity Commission Payment

     payment is made before the commission is deemed to be earned, so in advance. Indemnity      commission may be subject to a clawback* (obligation to repay unearned commission previously paid) should a client lapses or cancels the product before the commission is deemed to be earned.

 

How might the various forms of Commission apply to the different products? 

 

Life Assurance Company: Life Assurance, Investments and Pension Products

  • For Life Assurance products commission is divided into initial commission and renewal commission (related to premium), fund based or trail (relating to accumulated fund).
  • Trail commission, bullet commission, fund based, flat commission or renewal commission are all terms used for ongoing payments. Where an investment fund is being built up though an insurance-based investment product or a pension product, the increments may be based on a percentage of the value of the fund or the annual premium. For a single premium/lump sum product, the increment is generally based on the value of the fund.
  • Life Assurance products fall into either individual or group protection policies and Investment/Pension products would be either single or regular contribution policies.  Examples of products include Life Protection, Regular Premium Life Assurance Investments, Single Premium (lump sum) Insurance-based Investments, and Single Premium Pensions.

Product Producer: Investments and Pension Products  

  • Investment firms, which fall within the scope of the European Communities (Markets in Financial Instruments) Regulations 2007 (the MiFID Regulations), offer both standard commission and commission models involving initial and trail commission. Increments may be based on a percentage of the investment management fees, or on the value of the fund.

*Clawback

Clawback is an obligation on the intermediary to repay unearned commission. Commission can be paid directly after a contract is concluded but is not deemed to be ‘earned’ until after a specified period of time. If the consumer cancels or withdraws from the financial product within the specified time, the intermediary must return commission to the product producer.

Please Note

The enclosed commission guidance section gives indicative values across every product provider and every product advised whereby a commission or fee is received within our business. This is the maximum our Brokerage will take and is subject to change, in certain cases our Brokerage may take a different remuneration than the enclosed percentages/amounts. This will be disclosed to each client as per the Central Bank Consumer Protection Code regulations, on a client by client basis.

 

 

What is a Fee?   

  • A fee is a payment for professional services and expertise.
  • A fee can be paid by our client directly for the professional services we provide.  The amount of any fee will be discussed and agreed, with our client, in advance of all transactions

and/or

  • Our Clients have the option to pay for the professional services we provide by way of a combination of commission and fees which we will discuss and agree in advance of all transactions.

 

An example of our fee structure;

 A Personal Financial Planning service could look like this but will be based on your individual needs: 

  • Initial meeting, We incur this cost to help you understand how we work. It is also an opportunity for us to ensure that we can provide you with benefits greater than the cost.
  •  
  • Financial planning recommendations, normally a pre-arranged fixed fee based on your personal requirements ranging from, for example, €1,250 to €3,500.
  • An implementation fee of between €1,500 & €5,000 dependent on complexity and size of your portfolio.
  • Annual service fee of 0.5% – 1% based on the value of your assets under our control.
  • If we receive commission from a product provider this may be deducted from our fee.

 

Other types of payment/remuneration 

  • We may earn a non-monetary benefit which we will only accept if it enhances the quality of our service to you our client. For example: It is important for us to keep up to date with available products and services which require attendance at a seminar. We may be offered  assistance with branding, IT support etc.
  • Other forms of indemnity commission are advances of commission for future sales granted to intermediaries in order to assist with set up costs or business development.

Further detail on the providers we work with, the products we sell and the maximum commissions available to us are outlined below.

Aviva Life & Pensions Ireland DAC

Term Life Protection

A Term Life Protection Product provides for an initial upfront commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Clawback Yr. 5

Term Protection

150%

25%

100%

100%

Specified Illness

A Specified Illness Product provides for an initial upfront commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Clawback Yr. 5

Specified

150%

25%

100%

100%

Savings

A Savings Product typically provides for an Initial (upfront) Commission as outlined below. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Renewal %

Fund Based %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Savings

5%

1%

3%

1%

5%

4%

3%

2%

Personal Retirement Savings Account

A Personal Retirement Savings Account or PRSA typically provides for an Initial (upfront) Commission as outlined below with certain restrictions around PRSA’s. Brokerages may also agree with a client to allow for a provide a Fund Based/Recurring commission/fee that’s based on the performance of the fund the client is invested in, again with certain restrictions. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Renewal %

Fund Based %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

PRSA

5%

1%

5%

1%

5%

3%

2%

1%

Personal Retirement Bond

The Pension Retirement Bond typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a provide a Fund Based commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Fund Based %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

PRB

5%

1%

1%

5%

4%

3%

2%

Mortgage Protection

A Mortgage Protection Product provides for an initial upfront commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Clawback Yr. 5

Mortgage Protection

150%

25%

100%

100%

Income Protection

An Income Protection Product provides for an initial upfront commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Clawback Yr. 5

Income Protection

200%

10%

100%

100%

Investments

An Investment Product typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a provide a Fund Based/recurring commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Renewal %

Fund Based %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Investments

5%

1%

1%

5%

4%

3%

2%

Blackbee

Investments

An Investment Product typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a provide a Fund Based/recurring commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Renewal %

Fund Based %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Investments

3%

1%

1%

BCP

Investments

An Investment Product typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a provide a Fund Based/recurring commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Renewal %

Fund Based %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Investments

3%

0.5%

Davy Select

Personal Retirement Savings Account

A Personal Retirement Savings Account or PRSA typically provides for an Initial (upfront) Commission as outlined below with certain restrictions around PRSA’s. Brokerages may also agree with a client to allow for a provide a Fund Based/Recurring commission/fee that’s based on the performance of the fund the client is invested in, again with certain restrictions. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Renewal %

Fund Based %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

PRSA

0.5%

Personal Retirement Bond

The Pension Retirement Bond typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a provide a Fund Based commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Fund Based %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

PRB

3%

1%

1%

Investments

An Investment Product typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a provide a Fund Based/recurring commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Renewal %

Fund Based %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Investments

3%

1%

1%

Approved Retirement Fund

An ARF Product typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a Fund Based/Trail recurring commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Fund Based %

Trail %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

ARF

3%

1%

1%

Friends First

Savings

A Savings Product typically provides for an Initial (upfront) Commission as outlined below. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Renewal %

Fund Based %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Savings

5%

1%

4%

1%

5%

4%

3%

2%

Personal Retirement Savings Account

A Personal Retirement Savings Account or PRSA typically provides for an Initial (upfront) Commission as outlined below with certain restrictions around PRSA’s. Brokerages may also agree with a client to allow for a provide a Fund Based/Recurring commission/fee that’s based on the performance of the fund the client is invested in, again with certain restrictions. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Renewal %

Fund Based %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

PRSA

5%

1%

5%

1%

Personal Retirement Bond

The Pension Retirement Bond typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a provide a Fund Based commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Fund Based %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

PRB

5%

1%

1%

5%

4%

3%

2%

Investments

An Investment Product typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a provide a Fund Based/recurring commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Renewal %

Fund Based %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Investments

5%

1%

1%

5%

4%

3%

2%

Approved Retirement Fund

An ARF Product typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a Fund Based/Trail recurring commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Fund Based %

Trail %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

ARF

5%

1%

1%

5%

4%

3%

2%

Goldcore

Investments

An Investment Product typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a provide a Fund Based/recurring commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Renewal %

Fund Based %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Investments

3%

1%

1%

Greenman

Investments

An Investment Product typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a provide a Fund Based/recurring commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Renewal %

Fund Based %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Investments

2.5%

0.5%

Independent Trustee Company

Personal Retirement Savings Account

A Personal Retirement Savings Account or PRSA typically provides for an Initial (upfront) Commission as outlined below with certain restrictions around PRSA’s. Brokerages may also agree with a client to allow for a provide a Fund Based/Recurring commission/fee that’s based on the performance of the fund the client is invested in, again with certain restrictions. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Renewal %

Fund Based %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

PRSA

0.5%

Personal Retirement Bond

The Pension Retirement Bond typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a provide a Fund Based commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Fund Based %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

PRB

3%

1%

1%

Investments

An Investment Product typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a provide a Fund Based/recurring commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Renewal %

Fund Based %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Investments

3%

1%

1%

Approved Retirement Fund

An ARF Product typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a Fund Based/Trail recurring commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Fund Based %

Trail %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

ARF

3%

1%

1%

Investec

Irish Life Assurance plc

Whole of Life Protection

The Whole of Life Protection Product provides for an initial upfront commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Clawback Yr. 5

Whole of Life

100%

0.15%

100%

100%

100%

100%

100%

Term Life Protection

A Term Life Protection Product provides for an initial upfront commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Clawback Yr. 5

Term Protection

100%

0.15%

100%

100%

100%

100%

100%

Specified Illness

A Specified Illness Product provides for an initial upfront commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Clawback Yr. 5

Specified

100%

0.15%

100%

100%

100%

100%

100%

Savings

A Savings Product typically provides for an Initial (upfront) Commission as outlined below. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Renewal %

Fund Based %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Savings

5%

1%

16.5%

1%

5%

4%

3%

2%

Personal Retirement Savings Account

A Personal Retirement Savings Account or PRSA typically provides for an Initial (upfront) Commission as outlined below with certain restrictions around PRSA’s. Brokerages may also agree with a client to allow for a provide a Fund Based/Recurring commission/fee that’s based on the performance of the fund the client is invested in, again with certain restrictions. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Renewal %

Fund Based %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

PRSA

5%

1%

5%

1%

5%

3%

2%

1%

Personal Retirement Bond

The Pension Retirement Bond typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a provide a Fund Based commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Fund Based %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

PRB

5%

1%

1%

5%

4%

3%

2%

Mortgage Protection

A Mortgage Protection Product provides for an initial upfront commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Clawback Yr. 5

Mortgage Protection

100%

0.15%

100%

100%

100%

100%

100%

Income Protection

An Income Protection Product provides for an initial upfront commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Clawback Yr. 5

Income Protection

120%

0.06%

100%

100%

Investments

An Investment Product typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a provide a Fund Based/recurring commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Renewal %

Fund Based %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Investments

5%

1%

1%

5%

4%

3%

2%

Approved Retirement Fund

An ARF Product typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a Fund Based/Trail recurring commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Fund Based %

Trail %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

ARF

5%

1%

1%

5%

4%

3%

2%

NewCourt

Personal Retirement Savings Account

A Personal Retirement Savings Account or PRSA typically provides for an Initial (upfront) Commission as outlined below with certain restrictions around PRSA’s. Brokerages may also agree with a client to allow for a provide a Fund Based/Recurring commission/fee that’s based on the performance of the fund the client is invested in, again with certain restrictions. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Renewal %

Fund Based %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

PRSA

3%

1%

1%

Personal Retirement Bond

The Pension Retirement Bond typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a provide a Fund Based commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Fund Based %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

PRB

PRB

3%

1%

1%

5%

4%

3%

2%

Approved Retirement Fund

An ARF Product typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a Fund Based/Trail recurring commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Fund Based %

Trail %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

ARF

3%

1%

1%-

 

 

 

 

 

 

 

 

New Ireland Assurance Company plc

Term Life Protection

A Term Life Protection Product provides for an initial upfront commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Clawback Yr. 5

Term Protection

225%

50%

100%

100%

Specified Illness

A Specified Illness Product provides for an initial upfront commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Clawback Yr. 5

Specified

225%

50%

100%

100%

Savings

A Savings Product typically provides for an Initial (upfront) Commission as outlined below. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Renewal %

Fund Based %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Savings

5%

1%

1%

5%

4%

3%

2%

Personal Retirement Savings Account

A Personal Retirement Savings Account or PRSA typically provides for an Initial (upfront) Commission as outlined below with certain restrictions around PRSA’s. Brokerages may also agree with a client to allow for a provide a Fund Based/Recurring commission/fee that’s based on the performance of the fund the client is invested in, again with certain restrictions. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Renewal %

Fund Based %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

PRSA

5%

1%

5%

1%

5%

5%

3%

1%

Personal Retirement Bond

The Pension Retirement Bond typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a provide a Fund Based commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Fund Based %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

PRB

5%

1%

1%

5%

4%

3%

2%

Mortgage Protection

A Mortgage Protection Product provides for an initial upfront commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Clawback Yr. 5

Mortgage Protection

225%

50%

100%

100%

Income Protection

An Income Protection Product provides for an initial upfront commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Clawback Yr. 5

Income Protection

225%

50%

100%

100%

Investments

An Investment Product typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a provide a Fund Based/recurring commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Renewal %

Fund Based %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Investments

5%

1%

2.5%

1%

5%

5%

5%

2%

Approved Retirement Fund

An ARF Product typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a Fund Based/Trail recurring commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Fund Based %

Trail %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

ARF

5%

1%

1%

5%

5%

5%

2%

PTSB

Deposits

Product

Initial %

Deposits

0.2%

Quilter Cheviot

Personal Retirement Bond

The Pension Retirement Bond typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a provide a Fund Based commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Fund Based %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

PRB

3%

1%

1%

Investments

An Investment Product typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a provide a Fund Based/recurring commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Renewal %

Fund Based %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Investments

3%

1%

1%

Approved Retirement Fund

An ARF Product typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a Fund Based/Trail recurring commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Fund Based %

Trail %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

ARF

3%

1%

1%

Royal London Insurance DAC

Whole of Life Protection

The Whole of Life Protection Product provides for an initial upfront commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Clawback Yr. 5

Whole of Life

200%

36%

100%

100%

100%

100%

100%

Term Life Protection

A Term Life Protection Product provides for an initial upfront commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Clawback Yr. 5

Term Protection

200%

36%

100%

100%

100%

100%

100%

Specified Illness

A Specified Illness Product provides for an initial upfront commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Clawback Yr. 5

Specified

200%

36%

100%

100%

100%

100%

100%

Mortgage Protection

A Mortgage Protection Product provides for an initial upfront commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Clawback Yr. 5

Mortgage Protection

200%

36%

100%

100%

100%

100%

100%

Income Protection

An Income Protection Product provides for an initial upfront commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Clawback Yr. 5

Income Protection

200%

60%

100%

100%

100%

100%

100%

Standard Life International dac

Savings

A Savings Product typically provides for an Initial (upfront) Commission as outlined below. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Renewal %

Fund Based %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Savings

5%

1%

1%

1%

5%

4%

3%

2%

Personal Retirement Savings Account

A Personal Retirement Savings Account or PRSA typically provides for an Initial (upfront) Commission as outlined below with certain restrictions around PRSA’s. Brokerages may also agree with a client to allow for a provide a Fund Based/Recurring commission/fee that’s based on the performance of the fund the client is invested in, again with certain restrictions. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Renewal %

Fund Based %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

PRSA

5%

1%

5%

1%

Personal Retirement Bond

The Pension Retirement Bond typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a provide a Fund Based commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Fund Based %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

PRB

5%

1%

1%

5%

5%

5%

2%

Investments

An Investment Product typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a provide a Fund Based/recurring commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Renewal %

Fund Based %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Investments

5%

1%

0.25%

1%

5%

5%

5%

2%

Approved Retirement Fund

An ARF Product typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a Fund Based/Trail recurring commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Fund Based %

Trail %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

ARF

5%

1%

1%

5%

5%

5%

2%

Wealth Options

Personal Retirement Savings Account

A Personal Retirement Savings Account or PRSA typically provides for an Initial (upfront) Commission as outlined below with certain restrictions around PRSA’s. Brokerages may also agree with a client to allow for a provide a Fund Based/Recurring commission/fee that’s based on the performance of the fund the client is invested in, again with certain restrictions. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Renewal %

Fund Based %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

PRSA

0.5%

Personal Retirement Bond

The Pension Retirement Bond typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a provide a Fund Based commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Fund Based %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

PRB

3%

1%

1%

Investments

An Investment Product typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a provide a Fund Based/recurring commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Renewal %

Fund Based %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Investments

3%

1%

1%

Approved Retirement Fund

An ARF Product typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a Fund Based/Trail recurring commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

 

Product

Initial %

Fund Based %

Trail %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

ARF

3%

1%

1%

Zurich Life

Whole of Life Protection

The Whole of Life Protection Product provides for an initial upfront commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Clawback Yr. 5

Whole of Life

90%

18%

100%

100%

Term Life Protection

A Term Life Protection Product provides for an initial upfront commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Clawback Yr. 5

Term Protection

100%

12%

100%

100%

Specified Illness

A Specified Illness Product provides for an initial upfront commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Clawback Yr. 5

Specified

100%

12%

100%

100%

Savings

A Savings Product typically provides for an Initial (upfront) Commission as outlined below. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Renewal %

Fund Based %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Savings

10%

0.005%

1%

5%

3%

2%

1%

 

Personal Retirement Savings Account

A Personal Retirement Savings Account or PRSA typically provides for an Initial (upfront) Commission as outlined below with certain restrictions around PRSA’s. Brokerages may also agree with a client to allow for a provide a Fund Based/Recurring commission/fee that’s based on the performance of the fund the client is invested in, again with certain restrictions. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Renewal %

Fund Based %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

PRSA

5%

1%

5%

1%

5%

5%

3%

1%

Personal Retirement Bond

The Pension Retirement Bond typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a provide a Fund Based commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Fund Based %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

PRB

5%

1%

1%

5%

4%

3%

2%

Mortgage Protection

A Mortgage Protection Product provides for an initial upfront commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Renewal %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Clawback Yr. 5

Mortgage Protection

140%

40%

100%

100%

Investments

An Investment Product typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a provide a Fund Based/recurring commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Trail %

Renewal %

Fund Based %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

Investments

5%

1%

0.5%

1%

5%

4%

3%

2%

Approved Retirement Fund

An ARF Product typically provides for an Initial (upfront) Commission as outlined below. Brokerages may also agree with a client to allow for a Fund Based/Trail recurring commission/fee that’s based on the performance of the fund the client is invested in. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %

Fund Based %

Trail %

Clawback Yr. 1

Clawback Yr. 2

Clawback Yr. 3

Clawback Yr. 4

ARF

5%

1%

1%

5%

4%

3%

2%

Disclaimer

 

Neville & Partners Limited t/a Neville & Partners & It’s your money is regulated by the Central Bank of Ireland.