Paying by commission. Where we are paid by commission we will tell you the amount before we carry out any business for you. Although you may pay nothing to us up front that does not mean that our service is free. You still pay us indirectly through deductions from the amount you pay into your product. In respect of any regular premium policy which we have arranged for you, should you subsequently cease to pay premiums on the policy and in consequence we are obliged to either refund the commission that has been paid to us, or forego future regular payments of commission, we reserve the right to charge you a fee representing the amount we have to repay, or would have been paid, for a period of up to four years after commencement of the policy. We will confirm the exact amount that will need to be repaid by you and the timescale over which it will need to be repaid in the suitability report we will send you when a recommendation is made. We will not charge any such fee if you exercise your right to cancel in accordance with any cancellation notice sent to you by the life insurance company.
Paying by commission. This payment method is only available for general insurance products. If you pay by commission we will normally receive commission on the sale from the product provider. Although you pay nothing to us up front, that does not mean our service is free – you still pay us indirectly through product charges. These charges pay for the product provider’s own costs, along with any commission. Commission normally increase the premium that you pay. If you buy direct the product charges could be the same as when buying through an adviser, but they could also come in higher or lower. The amount of commission we receive will vary depending on the amount of your premium and (sometimes) the length of the policy term. You will receive a quotation which tells you about any other fees relating to any particular insurance policy.
Paying by commission. Where we are paid by commission we will tell you the amount before we carry out any business for you. Although you may pay nothing to us up front that does not mean that our service is free. You still pay us indirectly through deductions from the amount you pay into your product.
Paying by commission. Where we are paid by commission we will tell you the amount before we carry out any business for you. Although you may pay nothing to us up front that does not mean that our service is free. You still pay us indirectly through deductions from the amount you pay into your product. In respect of any regular premium policy which we have arranged for you, should you subsequently cease to pay premiums on the policy and in consequence we are obliged to either refund the commission that has been paid to us, or forego future regular payments of commission, we reserve the right to charge you a fee representing the amount we have to repay, or would have been paid, for a period of up to four years after commencement of the policy. We will not charge any such fee if you exercise your right to cancel in accordance with any cancellation notice sent to you by the life insurance company.
Paying by commission. If you buy a financial product, we will normally receive commission on the sale from the product provider. Although you pay nothing up front, that does not mean our service is free. You still pay us indirectly through product charges. Product charges pay for the product provider’s own costs and any commission the provider may pay to us. If you buy direct, the product charges could be the same as when buying through an adviser, or they could be higher or lower. We will tell you how much the commission will be before you proceed with the recommendation. The amount of commission payable can vary and depends on a number of different factors including the type of product, your age and state of health when the product commences. We will confirm the actual amount to you before you buy a product. In respect of any regular premium policy which we have arranged for you, should you subsequently cease to pay premiums on the policy and in consequence we are obliged to refund the commission that has been paid to us, we reserve the right to charge you a fee representing the amount we have to repay, for a period of up to four years after commencement of the policy. We will confirm the exact amount that will need to be repaid by you and the timescale over which it will need to be repaid in the suitability report we will send to you, when a recommendation is made. We will not charge any such fee if you exercise your right to cancel in accordance with any cancellation notice sent to you by the life insurance company. Paying by a combination of commission and fees Commission can be used to pay for our services or used to offset our agreed fees. Where a fee basis has been selected as the method of remuneration, commission that would otherwise become payable for policies arranged on your behalf will be rebated to you in the form of enhanced benefits, used to reduce your regular premiums or offset against our fees, as appropriate. In the event of policy cancellations and where the policy provider has sought repayment of commissions previously paid by them, we reserve the right to charge a reasonable fee to cover the cost of repaying such commissions. We will discuss the different offsetting routes mentioned above to assess your preferred option as part of the recommendation process. In addition, a number of areas are subject to minimum charges. Therefore, if the commission option is selected and the amount payable is less than the minimum charge, an additional fee may be payable...
Paying by commission. Where we are paid by commission we will tell you the amount before we carry out any transaction for you. Although you may pay nothing to us up front that does not mean that our service is free. You still pay us indirectly through deductions from the amount you pay into your product. The insurers in these instances typically pay us an upfront payment equivalent to the deductions to be made over a 2 or 4-year period known as the indemnity period. In respect of any regular premium policy which we have arranged for you, should you subsequently cease to pay premiums on the policy and as a consequence we are obliged to refund the commission that has been paid to us, we reserve the right to charge you a fee representing the amount we have to repay, for a period of up to four years after commencement of the policy. We will not charge any such fee if you exercise your right to cancel in accordance with any cancellation notice sent to you by the life insurance company.
Paying by commission. If you buy a financial product, we will normally receive commission on the sale from the product provider. Although you pay nothing up front, that does not mean our service is free. You still pay us indirectly through product charges. Product charges pay for the product providers own costs and any commission. These charges reduce the amount left for investment. If you buy direct, the product charges could be the same as when buying through an adviser, or they could be higher or lower. We will tell you how much the commission will be before you complete an investment, but you may ask for this information earlier. DUTY OF PRIVACY /DATA PROTECTION We will treat all your personal information as private and confidential (even when you are no longer a customer). Nothing about your accounts nor your name and address will be disclosed to anyone, including other companies in our group, other than in four exceptional cases permitted by law. These are: Where we are legally compelled to do so. Where there is a duty to the public to disclose. Where our interests require disclosure (this will not be used as a reason for disclosing information about you or your accounts, including your name and address, to anyone else including companies in our group for marketing purposes. Where disclosure is made at your request and with your consent. You have a right of access under the Data Protection Acts 1998 to your personal records held on our files. (Ref: WNL/TOB/02/03/12) ---------------------------------------------------------------------------------------------------------- ------------------- I/we acknowledge receipt of the following documents (please tick as applicable): Client Agreement/Terms and Conditions of Business (Ref: WNL/TOB/ /02/03/12) Combined Initial Disclosure Document (Key Facts about our costs and services) Signed: …………………………………………………………. Date: ……………………....... Full Name: ……………………………………………………………………………………………. Signed: ………………………………………………………… Date: ……………………..... Full Name: …………………………………………………………………………………………….
Paying by commission. Where we are paid by commission we will tell you the amount before we carry out any business for you. Although you will not suffer an initial fee, it does not mean that our service is free. You still pay us indirectly through deductions from the amount you pay into your product, factored by the plan provider as an immediate payment to us. Life insurance products can often benefit from the creation of a Trust. Were suitable, we would generally advise you to implement this at outset. The fee for this would normally be covered by the commission generated via the insurance company. If not, we would advise you of the cost of our service before commencing any chargeable work.
Paying by commission. Where we are paid by commission we will tell you the amount before we carry out any business for you. Our Obligations
Paying by commission. Where we are paid by commission we will tell you the amount before we carry out any business for you. Although you may pay nothing to us up front that does not mean that our service is free. You still pay us indirectly through deductions from the amount you pay into your product. You will receive an illustration that will tell you about commission relating to any insurance policy. If the level of commission is not sufficient to cover the work we will be undertaking we will also charge a fee. We will confirm the fee amount before beginning the work. In respect of any regular premium policy which we have arranged for you, should you subsequently cease to pay premiums on the policy and in consequence we are obliged to refund the commission that has been paid to us, we reserve the right to charge you a fee representing the amount we have to repay, for a period of up to four years after commencement of the policy. We will confirm the exact amount that will need to be repaid by you and the timescale over which it will need to be repaid in the suitability report we will send you when a recommendation is made. We will not charge any such fee if you exercise your right to cancel in accordance with any cancellation notice sent to you by the life insurance company.
