Remuneration Information

 

Remuneration in Unio

At Unio, our clients and the members we work with are the centre of what we do and we strive to always put their interests first. Therefore, it is Unio’s priority to provide clear and transparent information regarding our remuneration and our commission arrangements with various product producers.

In certain circumstances, Unio is remunerated for its services by the receipt of commission paid by product producers. We provide a wide range of services to our clients and trustees and consequently the amount of commission may vary depending on a number of factors, including the type of product, the length of time it is intended to last and the product producer selected by the client or trustees. Commission rates may vary from transaction to transaction. Charges on any product may vary depending on the level of commission paid. Unio’s advisors will always confirm  the actual charges in respect of any product that is undertaken, before the client or trustees makes a final decision.

Definitions:

Initial commission – the commission paid by the product producer when a client purchases a product such as Pension or Investment plan (Please refer to table 1 below for commissions paid).

Advisory Charge – an annual payment that is expressed as a percentage of the value of the client’s assets under Advisory/Management.

Annual/Renewal Commission – This is a payment made by the Product Producer to Unio.

Financial Planning Charge – This is a charge agreed in advance with the client in relation to financial planning services provided.

Corporate Pensions – Remuneration

Table 3

Life Company	Product
	PRSA Annual Commission	Death in Service Annual Commission
Aviva	0% - 5%	0-6%
ElipsLife	N/A	0-6%
Irish Life	0% - 5%	0-6%
New Ireland	0% - 5%	0-6%
Standard Life	0% - 5%	N/A
Utmost	N/A	0-6%
Zurich	0% - 5%	0-6%