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We know that applying for a mortgage can feel complex and it is something that needs to be explained, particularly with all the regulatory changes. Take a moment to review our selection of guides and financial advice below on all aspects of saving, buying and owning property in Ireland today. Get started with our GUIDE TO GETTING MORTGAGE READY.
And we’re sure you’ll find the answers you’re looking for.
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Have peace-of-mind, knowing your mortgage will always be paid if you cannot work due to illness, accident or redundancy. Find out more here.
The Sherry FitzGerald Guide to Pensions
Find out more about the wide range of other services we offer from pensions and savings advice to income protection, we have you covered.
Are you making plans to buy a new home in Ireland? We are here to help. Watch this quick video explaining our top tips on what to expect when starting your new home buying journey.
Understand the application process in detail and see what lies ahead, from initial appointment right through to signing contracts and getting your keys.
Starting the mortgage application process can be a daunting task. We have been guiding applicants through this process for over 20 years. Find out how a mortgage broker can help you.
Find out if you qualify for the Help-to-Buy Scheme, see how much you are entitled to and assess whether your new home fits the criteria.
See what lenders will expect from you, and find a practical path to building your case toward a successful application for your home. View our guide to get started.
Written with new residential developments in mind, everything you need to know is right here in our helpful guide. Start your journey here.
Read about how the Central Bank set limits on the size of housing loans made by the commercial lenders that it regulates, and how it impacts you.
Our Sherry FitzGerald Mortgages division can give you expert financial advice at every stage of your property process. From mortgages and life insurance to investments and pensions, and more, we’re with you every step of the way.
Learn More about our Services
Our team works hard on your behalf, providing a high quality, flexible service to get you the best mortgage deal possible.
Our focus is on finding you the best policy at the best price to suit your needs.
Now you have one digital resource to manage the property-buying process anytime and from anywhere
For information on our remuneration please click here
We, Mortgage Insight DAC t/a Sherry FitzGerald Financial Services, Sherry FitzGerald Mortgages act as intermediary (Broker) between you, the consumer, and the product provider with whom we place your business.
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.
Our Brokerage commission options are displayed as a range, showing the maximum amount which can be received. The level of commission depends on individual circumstances, based on the following factors:
The factors that may impact a variation in charges include;
There are different types of commission models:
| Single commission model: | where payment is made to the intermediary shortly after the sale is completed and is based on a percentage of the premium paid/amount invested/amount borrowed. |
| Trail/Renewal commission model: | Further payments at intervals are paid throughout the life span of the product. |
| Indemnity commission | Indemnity commission is the term used to describe a commission payment made before the commission is deemed to be 'earned'. Indemnity commission may be subject to a clawback (see below) if the consumer lapses or cancels the product before the commission is deemed to be earned. |
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.
Mortgage Insight DAC t/a Sherry FitzGerald Financial Services, Sherry FitzGerald Mortgages may also be in receipt of non-monetary benefits such as:
Further detail on the providers we work with, the products we sell and the maximum commissions available to us are outlined below.
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% |
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 |
| Product | Initial % | Recurring % |
|---|---|---|
| Single Premium PRSA | 4% | 0.5% |
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 |
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 |
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% |
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 |
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 |
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% | - |
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% |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
| Product | Initial % | Recurring % |
|---|---|---|
| Single Premium PRSA | 7.5% | 0.25% |
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 |
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% |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
| Product | Initial % | Recurring % |
|---|---|---|
| Single PRemium PRSA | 5% | 0.75% |
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 |
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 |
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% |
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 |
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 |
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% | - | - |
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% |
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% |
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 % |
|---|---|
| PRB | 2% |
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 % |
|---|---|
| ARF | 2% |
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 |
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 |
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 |
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 |
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 |
| Product | Initial % | Recurring % | Clawback Period |
|---|---|---|---|
| Single Premium PRSA | 7% | 0.5% | 60 |
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 |
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 |
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 |
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 |
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 |
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 |
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% |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
| Product | Initial % | Recurring % |
|---|---|---|
| Single Premium PRSA | 5% | 0.75% |
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 |
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 |
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% |
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 |
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% | - | - |
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% |
