Our Charges

 

These services are usually provided on a commission basis whereby Inverdea Financial Services Limited are remunerated directly by the product provider. The scale of commission for the arrangement of products is listed below. These services may also be provided on a fee basis.

 

Pensions Group Scheme, Executive, Personal, PRSA. 


Regular Contributions:
Level Commission Model: Up to 5% of annual contribution
Initial & Renewal Commission Model: Up to 25% of annual contributions plus renewal commission of up to 5% may also apply. Single Contributions: Up to 5% of contribution
Fund based commission of up to 0.5% may apply

 

Overall Financial Review


€150 per hour depending on complexity involved

 

Annuity / Buy Out Bond


2%-5% of amount invested plus fund based commission of up to 0.5% p.a.

 

ARF / AMRF’s (Insured)


2%-5% of amount invested plus fund based commission of up to 0.5% (p.a.) may also apply

 

Group Pension Schemes


Individual consideration but broadly:
Initial Set Up Charge €2000 per scheme
Annual Maintenance: Annual Maintenance fee of €1,500 per annum index linked in line with CPI

This service can also be provided on a commission basis – see Scale of Commissions above.

 

Protection Term Assurance, Mortgage Protection, Specified Illness, Income Protection, Group Risk


Term Assurance , Mortgage Protection, Specified Illness &Income Protection:

Up to 162.2% of annual premium & annual renewal commission may also apply

Group Risk:
Between 6% and 12.5% of annual premium

 

Investment Bond


2% – 5% of amount invested & fund based commission (p.a.) may also apply

 

Regular Savings Plans


Up to 25% of initial annual premium & annual renewal commission of up to 5% may also apply

 

Deposits


0.25% to 0.5% of deposit amount

 

Structured Investment Products


Up to 5% of amount invested (usually built into product pricing structure)

 

Please note that some life insurance companies may pay additional remuneration but this does not in any
way affect the clients’ contract.
These fee’s are as of June 2014