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.
For the purpose of this document, commission is the payment earned by the intermediary for work undertaken on behalf of both the provider and the consumer. The amount of commission is generally directly related to
the quantity or value of the products sold.
We are remunerated by commission and other payments from product producers. When assessing products, we will consider the different approach taken by product providers in terms of them integrating sustainability risks into their product offering. This will form part of our analysis for choosing a product provider.
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.
General insurance products, such as home insurance, are typically subject to a single or standard commission model, based on the amount of premium charged for the insurance product.
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 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.
Examples of products include Life Protection, Regular Premium Life Assurance Investments, Single Premium (lump sum) Insurance-based Investments, and Single Premium Pensions.
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.
Commission may be earned by intermediaries for arranging credit for consumers, such as mortgages. The single, or standard, commission model is the most common commission model applied to the sale of mortgage products
by mortgage credit intermediaries (Mortgage Broker).
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.
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 we will take
and is subject to change, in certain cases we 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.
Further detail on the providers we work with, the products we sell and the maximum commissions available to us are outlined below.
Allianz Plc.
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product |
Commission % |
| Fire Only |
20% |
| HHR Combined House Insurance |
20% |
| HPR Personal lines household |
15% |
| HYR Holiday Home ROI |
15% |
Aviva Life & Pensions Ireland DAC
Term Life Protection
A Term Life Protection Product provides for an initial 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 % |
Recurring Commission % |
Clawback Period (Months) |
| Term Protection |
140% |
22% |
24 |
Single Premium PRSA
| Product |
Initial % |
Recurring % |
| Single Premium PRSA |
4% |
0.5% |
Specified Illness
A Specified Illness Product provides for an initial 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 % |
Recurring Commission % |
Clawback Period (Months) |
| Specified |
140% |
22% |
24 |
Personal Retirement Savings Account RP (PRSA)
A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSA's. Brokerages may also agree with a client a recurring
commission that may be based on a percentage of the value of the fund or the annual premium. 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 % |
Recurring Commission % |
Clawback Period (Months) |
| Regular Premium PRSA |
22.5% |
0.5% |
48 |
Personal Retirement Bond (PRB)
The Pension Retirement Bond typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or
the annual premium. 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 % |
Recurring Commission % |
| PRB |
5.25% |
1% |
Mortgage Protection
A Mortgage Protection Product provides for an initial 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 % |
Recurring Commission % |
Clawback Period (Months) |
| Mortgage Protection |
140% |
22% |
24 |
Income Protection
An Income Protection Product provides for an initial 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 % |
Recurring Commission % |
Clawback Period (Months) |
| Income Protection |
200% |
30% |
48 |
Defined Contribution Pension
A Defined Contribution Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value
of the fund or the annual premium. 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 % |
Recurring Commission % |
Clawback Period (Months) |
| Regular Premium pension |
20% |
1% |
48 |
| Single premium pension |
5.25% |
1% |
- |
Approved Retirement Fund (ARF) & Approved Minimum Retirement Fund (AMRF)
An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the
annual premium. 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 % |
Recurring Commission % |
| ARF |
5.25% |
1% |
Bank of Ireland
Mortgage Switcher
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to
pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product |
Commission % |
Clawback Period (Months) |
| Mortgage - Switcher |
1% |
36 |
Second and Subsequent Time Buyers
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to
pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product |
Commission % |
Clawback Period (Months) |
| Mortgage - Second/subsequent Buyer |
1% |
36 |
First-Time Buyer
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to
pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product |
Commission % |
Clawback Period (Months) |
| Mortgage - First-Time Buyer |
1% |
36 |
Equity Release
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to
pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product |
Commission % |
Clawback Period (Months) |
| Mortgage - Equity Release |
1% |
36 |
Finance Ireland
Mortgage Switcher
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to
pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product |
Commission % |
Clawback Period (Months) |
| Mortgage - Switcher |
1% |
36 |
Second and Subsequent Time Buyers
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to
pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product |
Commission % |
Clawback Period (Months) |
| Mortgage - Second/subsequent Buyer |
1% |
36 |
First-Time Buyer
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to
pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product |
Commission % |
Clawback Period (Months) |
| Mortgage - First-Time Buyer |
1% |
36 |
Equity Release
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to
pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product |
Commission % |
Clawback Period (Months) |
| Mortgage - Equity Release |
1% |
36 |
Friends First
Single Premium PRSA
| Product |
Initial % |
Recurring % |
| Single Premium PRSA |
7.5% |
0.25% |
Personal Retirement Savings Account RP (PRSA)
A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSA's. Brokerages may also agree with a client a recurring
commission that may be based on a percentage of the value of the fund or the annual premium. 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 % |
Recurring Commission % |
Clawback Period (Months) |
| Regular Premium PRSA |
17.5% |
0.25% |
48 |
Approved Retirement Fund (ARF) & Approved Minimum Retirement Fund (AMRF)
An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the
annual premium. 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 % |
Recurring Commission % |
| ARF |
5% |
0.75% |
Haven
Mortgage Switcher
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to
pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product |
Commission % |
Clawback Period (Months) |
| Mortgage - Switcher |
1% |
36 |
Second and Subsequent Time Buyers
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to
pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product |
Commission % |
Clawback Period (Months) |
| Mortgage - Second/subsequent Buyer |
1% |
36 |
First-Time Buyer
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to
pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product |
Commission % |
Clawback Period (Months) |
| Mortgage - First-Time Buyer |
1% |
36 |
Equity Release
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to
pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product |
Commission % |
Clawback Period (Months) |
| Mortgage - Equity Release |
1% |
36 |
ICS/dilosk
Mortgage Switcher
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to
pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product |
Commission % |
Clawback Period (Months) |
| Mortgage - Switcher |
1% |
36 |
Second and Subsequent Time Buyers
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to
pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product |
Commission % |
Clawback Period (Months) |
| Mortgage - Second/subsequent Buyer |
1% |
36 |
First-Time Buyer
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to
pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product |
Commission % |
Clawback Period (Months) |
| Mortgage - First-Time Buyer |
1% |
36 |
Equity Release
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to
pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product |
Commission % |
Clawback Period (Months) |
| Mortgage - Equity Release |
1% |
36 |
Irish Life Assurance plc
Term Life Protection
A Term Life Protection Product provides for an initial 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 % |
Recurring Commission % |
Clawback Period (Months) |
| Term Protection |
120% |
28% |
60 |
Single Premium PRSA
| Product |
Initial % |
Recurring % |
| Single PRemium PRSA |
5% |
0.75% |
Specified Illness
A Specified Illness Product provides for an initial 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 % |
Recurring Commission % |
Clawback Period (Months) |
| Specified |
120% |
28% |
60 |
Personal Retirement Savings Account RP (PRSA)
A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSA's. Brokerages may also agree with a client a recurring
commission that may be based on a percentage of the value of the fund or the annual premium. 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 % |
Recurring Commission % |
Renewal |
Clawback Period (Months) |
| Regular Premium PRSA |
17.5% |
0.5% |
5% |
48 |
Personal Retirement Bond (PRB)
The Pension Retirement Bond typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or
the annual premium. 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 % |
Recurring Commission % |
| PRB |
5% |
0.75% |
Mortgage Protection
A Mortgage Protection Product provides for an initial 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 % |
Recurring Commission % |
Clawback Period (Months) |
| Mortgage Protection |
100% |
28% |
60 |
Income Protection
An Income Protection Product provides for an initial 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 % |
Recurring Commission % |
Clawback Period (Months) |
| Income Protection |
130% |
30% |
60 |
Defined Contribution Pension
A Defined Contribution Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value
of the fund or the annual premium. 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 % |
Recurring Commission % |
Renewal |
Clawback Period (Months) |
| Regular Premium pension |
17.5% |
0.5% |
5% |
48 |
| Single premium pension |
5% |
0.75% |
- |
- |
Approved Retirement Fund (ARF) & Approved Minimum Retirement Fund (AMRF)
An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the
annual premium. 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 % |
Recurring Commission % |
| ARF |
5% |
0.75% |
Independent Trustee Company Limited
Personal Retirement Savings Account RP (PRSA)
A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSA's. Brokerages may also agree with a client a recurring
commission that may be based on a percentage of the value of the fund or the annual premium. 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 % |
| PRSA |
2% |
Personal Retirement Bond (PRB)
The Pension Retirement Bond typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or
the annual premium. 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.
Approved Retirement Fund (ARF) & Approved Minimum Retirement Fund (AMRF)
An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the
annual premium. 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.
KBC
Mortgage Switcher
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to
pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product |
Commission % |
Clawback Period (Months) |
| Mortgage - Switcher |
1% |
36 |
Second and Subsequent Time Buyers
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to
pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product |
Commission % |
Clawback Period (Months) |
| Mortgage - Second/subsequent Buyer |
1% |
36 |
First-Time Buyer
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to
pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product |
Commission % |
Clawback Period (Months) |
| Mortgage - First-Time Buyer |
1% |
36 |
Equity Release
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to
pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product |
Commission % |
Clawback Period (Months) |
| Mortgage - Equity Release |
1% |
36 |
New Ireland Assurance Company plc
Term Life Protection
A Term Life Protection Product provides for an initial 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 % |
Recurring Commission % |
Clawback Period (Months) |
| Term Protection |
150% |
50% |
60 |
Single Premium PRSA
| Product |
Initial % |
Recurring % |
Clawback Period |
| Single Premium PRSA |
7% |
0.5% |
60 |
Specified Illness
A Specified Illness Product provides for an initial 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 % |
Recurring Commission % |
Clawback Period (Months) |
| Specified |
150% |
50% |
60 |
Personal Retirement Savings Account RP (PRSA)
A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSAs. Brokerages may also agree with a client a recurring
commission that may be based on a percentage of the value of the fund or the annual premium. 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 % |
Recurring Commission % |
Renewal |
Clawback Period (Months) |
| Regular Premium PRSA |
25% |
0.5% |
6% |
60 |
Personal Retirement Bond (PRB)
The Pension Retirement Bond typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or
the annual premium. 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 % |
Recurring Commission % |
Clawback Period (Months) |
| PRB |
5% |
1% |
60 |
Mortgage Protection
A Mortgage Protection Product provides for an initial 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 % |
Recurring Commission % |
Clawback Period (Months) |
| Mortgage Protection |
150% |
50% |
60 |
Income Protection
An Income Protection Product provides for an initial 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 % |
Recurring Commission % |
Clawback Period (Months) |
| Income Protection |
130% |
50% |
60 |
Defined Contribution Pension
A Defined Contribution Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value
of the fund or the annual premium. 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 % |
Recurring Commission % |
Renewal |
Clawback Period (Months) |
| Regular Premium pension |
25% |
1% |
8% |
60 |
| Single premium pension |
5% |
1% |
- |
60 |
Approved Retirement Fund (ARF) & Approved Minimum Retirement Fund (AMRF)
An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the
annual premium. 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 % |
Recurring Commission % |
| ARF |
5% |
1% |
PTSB
Mortgage Switcher
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to
pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product |
Commission % |
Clawback Period (Months) |
| Mortgage - Switcher |
1% |
36 |
Second and Subsequent Time Buyers
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to
pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product |
Commission % |
Clawback Period (Months) |
| Mortgage - Second/subsequent Buyer |
1% |
36 |
First-Time Buyer
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to
pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product |
Commission % |
Clawback Period (Months) |
| Mortgage - First-Time Buyer |
1% |
36 |
Equity Release
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to
pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product |
Commission % |
Clawback Period (Months) |
| Mortgage - Equity Release |
1% |
36 |
Royal London Insurance DAC
Term Life Protection
A Term Life Protection Product provides for an initial 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 % |
Recurring Commission % |
Clawback Period (Months) |
| Term Protection |
225% |
36% |
60 |
Specified Illness
A Specified Illness Product provides for an initial 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 % |
Recurring Commission % |
Clawback Period (Months) |
| Specified |
225% |
36% |
60 |
Mortgage Protection
A Mortgage Protection Product provides for an initial 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 % |
Recurring Commission % |
Clawback Period (Months) |
| Mortgage Protection |
225% |
36% |
60 |
Income Protection
An Income Protection Product provides for an initial 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 % |
Recurring Commission % |
Clawback Period (Months) |
| Income Protection |
225% |
60% |
60 |
Ulster bank
Mortgage Switcher
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to
pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product |
Commission % |
Clawback Period (Months) |
| Mortgage - Switcher |
1% |
36 |
Second and Subsequent Time Buyers
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to
pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product |
Commission % |
Clawback Period (Months) |
| Mortgage - Second/subsequent Buyer |
1% |
36 |
First-Time Buyer
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to
pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product |
Commission % |
Clawback Period (Months) |
| Mortgage - First-Time Buyer |
1% |
36 |
Equity Release
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to
pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product |
Commission % |
Clawback Period (Months) |
| Mortgage - Equity Release |
1% |
36 |
Zurich Life Assurance plc
Term Life Protection
A Term Life Protection Product provides for an initial 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 % |
Recurring Commission % |
Clawback Period (Months) |
| Term Protection |
160% |
12% |
12 |
Single Premium PRSA
| Product |
Initial % |
Recurring % |
| Single Premium PRSA |
5% |
0.75% |
Specified Illness
A Specified Illness Product provides for an initial 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 % |
Recurring Commission % |
Clawback Period (Months) |
| Specified |
160% |
12% |
12 |
Personal Retirement Savings Account RP (PRSA)
A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSAs. Brokerages may also agree with a client a recurring
commission that may be based on a percentage of the value of the fund or the annual premium. 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 % |
Recurring Commission % |
Renewal |
Clawback Period (Months) |
| Regular Premium PRSA |
30% |
0.75% |
5% |
48 |
Personal Retirement Bond (PRB)
The Pension Retirement Bond typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or
the annual premium. 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 % |
Recurring Commission % |
| PRB |
5% |
0.5% |
Mortgage Protection
A Mortgage Protection Product provides for an initial 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 % |
Recurring Commission % |
Clawback Period (Months) |
| Mortgage Protection |
160% |
40% |
12 |
Defined Contribution Pension
A Defined Contribution Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value
of the fund or the annual premium. 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 % |
Recurring Commission % |
Renewal |
Clawback Period (Months) |
| Regular Premium pension |
20% |
0.5% |
3% |
48 |
| Single premium pension |
5.5% |
0.5% |
- |
- |
Approved Retirement Fund (ARF) & Approved Minimum Retirement Fund (AMRF)
An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the
annual premium. 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 % |
Recurring Commission % |
| ARF |
5% |
0.5% |
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