Fee structure
NFP Ireland may receive commission and other payments from product producers to which orders are transmitted. 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. These fees may vary, depending on the nature and complexity of the services you require.
Details of commissions are available on our website. We receive ongoing commission from certain product producers for providing you with ongoing administration services. If we receive commission from a product producer in addition to charging you a fee, we will not offset part or all of the commission against the fee to be charged, unless agreed with you in writing. Payment of any fee charged is due on issue of our invoice
The basis of our Mortgage fees is set out below:
Commission received between 0.5% and 1% of the loan value. Fees for any additional services as agreed with you range from €350 + VAT up to 1% of the value of the loan amount. Group/Corporate Mortgage advice Seminars: €500.
Depending on your requirements and the services you require, NFP Ireland may charge a fee for our staff services. Our fee basis is generally in the order of €150 p/h for an Account Manager,€220 p/h for a Senior Account Manager, €310 p/h for a consultant, €385 p/h for a Senior Consultant, €470 p/h for a Principal Consultant, €550 p/h for Directors/Senior Partners.
The basis of our Corporate Group Scheme business, fees is generally on a per member charge and/or hourly rate ranging from €150 to €550 depending on the services provided. We will discuss the types of service on offer and will agree a fee basis tailored to your requirements and confirm it to you in writing.
NFP Ireland, where beneficial to the client, charge a flat rate of €2,100 per day.
The basis of our Employee Benefits & Health and Wellbeing remuneration will be set out in our proposal and is summarised as follows
| No of Employees | Per employee cost unit | Minimum fee per annum | Set-up / agency transfer fee (once off) |
|---|---|---|---|
| 0 - 25 | €385 | €5,950.00 | €5,500.00 |
| 26 - 50 | €275 | €11,068.75 | €8,250.00 |
| 51 - 100 | €220 | €18,342.50 | €11,000.00 |
| 101 - 175 | €165 | €25,300.00 | €13,750.00 |
| 176 - 250 | €138 | €33,206.25 | €16,500.00 |
| 251 + | €110 | €39,847.50 | €19,250.00 |
*Please note the support of Redundancy planning/ advising/collaborating may attract additional charges. Additional fees may apply for broking & consulting on other products & solutions such as Dental, Vision, Mortgage Advice, Redundancy Consultations, Financial Planning
** Please note to ensure remuneration remains commensurate with economic conditions, the fees are subject to an annual adjustment in line with the prevailing rate of inflation
Effective from 13 June 2024