Alan Higgins t/a Higgins Life & Pensions Schedule of Fees / Remunerations
Alan Higgins t/a Higgins Life & Pensions is remunerated by commission and other payments from product producers or lenders on the completion of business. You may choose to pay in full for our services by means of a fee. Where we receive recurring commission, this forms part of the remuneration for initial advice provided. We reserve the right to charge additional fees if the number of hours relating to on-going advice/ assistance exceeds 2 hrs.
In certain circumstances, it will be necessary to charge a fee for services provided. In other circumstances where fees are chargeable or where you choose to pay in full for our service by fee, we will notify you in writing in advance and agree the scale of fees to be charged if different from fees outlined below.
If we receive commission from a product provider, this will be offset against the fee which we will charge you. Where the commission is greater than the fee due, the commission may become the amount payable to the firm unless an arrangement to the contrary is made.
Remuneration Policy:
Life Assurance, Pensions
Higgins Life & Pensions, is in receipt of commission from the various life insurer. However if you, the client would prefer, you can pay a fee for our services we will waive any and all commissions that would otherwise have been payable to Higgins Life & Pensions for the setting up of such insurance policy. The fee applicable should you elect to deal with us on a fee basis are as follows,
Financial Planner €145 per hour
Administrator €45 per hour
depending on the type of insurance policy required, the complexity of the case and the time spent on the case. Should you choose to take this option all fees will be agreed with you, the client, before any advice is given. Additional fees may be payable for complex cases or to reflect value, specialist skills or urgency, our scale of fees for such cases range from a minimum of €145 per hour to a maximum of €500 per hour. We will notify you in advance and agree the scale of fees to be charged.
Personal Retirement Savings Accounts (PRSAs) – Fees
Where advice is requested for PRSAs, the following hourly fees will apply:
Financial Planner €145 per hour
Administrator: €45 per hour.
Additional fees may be payable for complex cases or to reflect value, specialist skills or urgency. We will notify you in advance of providing you with these services, our scale of fees for such cases range from a minimum of €145 per hour to a maximum of €500 per hour. If we receive commission from a product provider, this will be offset against the fee which we will charge you. Where the commission is greater than the fee due, the commission will become the amount payable to the intermediary unless an arrangement to the contrary is made.