Additional Commission
0.5% Additional Commission
- We're offering you an additional 0.5% initial commission, for a limited period, on all paper-based Flexible Options Bond business
- Our commission options for paper applications including the special deal are:
- Option 1 - 7.00% initial
- Option 2 - 5.75% initial and 0.25% renewal
- Option 3 - 4.50% initial and 0.50% renewal - You can choose, to vary your level of initial commission by customising the charging structure
You can choose to increase the level of initial commission you take by up to 1%. For each 0.25% increase you take, your client's allocation rate will reduce by 0.25%. This gives you the option to take up to a maximum of 8.00% initial commission (where option 1 is selected).
You can choose to give up some of your initial commission to provide your client's with an increased allocation rate. For each 0.25% you give up, your client's allocation rate will increase by 0.25%. There is no limit to the amount of commission you can give up.
0.25% Additional Commission for Online Applications
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In addition to the current limited offer of an additional 0.5% initial commission we are also now offering an extra 0.25% initial commission on new business which is submitted through our online application service.
This extra commission can be used in line with the standard commission options or to customise the charging structure under contract.
Allocation Band
