Transparency
Our Charges &
Remuneration
We believe in complete transparency. Here you will find a full breakdown of how IFC Finance is remunerated for the services we provide.
As a firm regulated by the Central Bank of Ireland, IFC Finance is required to disclose all remuneration, commission, and fee arrangements to clients. The information below outlines how we are compensated for the services we provide. Specific disclosure will always be provided to you in writing before any service commences.
How We Are Remunerated
IFC Finance is remunerated primarily through commission and other payments received from product providers on the completion of your business. You also have the option to pay in full for our services by means of an agreed fee. Where we receive a recurring income, this forms part of our remuneration for ongoing advice — and you will be provided with an annual benefit statement or review on pension and investment business.
Commission
Commission is earned for work undertaken on behalf of both the product provider and you, the consumer. This may be a single upfront payment based on the premium or amount invested, or a recurring commission paid throughout the life of the product — which is common for pensions, savings, and investments.
Fee-Based Option
You may choose to pay directly for our services by means of a fee agreed in writing before any work commences. If we also receive commission from a product provider, this will be offset against the fee charged. Where the commission received exceeds the fee, the commission will become the amount payable to us unless an alternative arrangement is agreed in writing.
Additional Service Fees
In some cases — particularly for commercial or complex products — an additional administrative or service fee may apply. Where this is the case, the fee will always be disclosed to you and agreed upon before any service is provided. We reserve the right to charge additional fees for ongoing advice or assistance if the time spent on your case exceeds 3 hours.
Hourly Fee Scale
For complex cases, or to reflect value, specialist skills, or urgency, fees are charged on an hourly basis. These fees are always agreed upon in writing in advance.
| Service Type | Hourly Rate |
|---|---|
| Standard financial advisory services | €100 – €250 per hour |
| Complex / specialist planning | €250 – €400 per hour |
All fee arrangements are confirmed in writing before any chargeable work begins.
General Insurance Brokerage Fees
For general insurance products (such as Home and Contents, Travel Insurance), the following brokerage fee scale applies. These fees are in addition to any commission received from the product provider.
| Transaction Type | Product Class | Fee |
|---|---|---|
| New Business & Renewal | Household | €60.00 (up to 50% of premium) |
| New Business & Renewal | All Other Classes | €100.00 (up to 50% of premium) |
| Amendments / Adjustments | All Classes | €25.00 (up to 40% of premium) |
Commission Clawback
Please be aware that if you terminate a policy within a specified period after it is taken out, the product provider may seek to claw back some or all of the commission previously paid to IFC Finance. Where this occurs, we may be required to pass this cost on to you or seek to recover it by other means. We will always inform you of any potential clawback implications before you proceed.
Commission Guidance
IFC Finance is required to provide clients with information regarding the maximum commission we may receive from product providers. This commission guidance is available on request and indicates the maximum remuneration we may receive for the various products and providers we advise on.
The exact commission applicable to your particular situation will be disclosed to you on an individual basis before any business is transacted. Commission rates are subject to change and are always disclosed in your personal documentation.
Request our Commission Guidance document →Have a Question About Our Charges?
We're happy to walk you through our fee structure and explain exactly what to expect before you commit to anything.
No obligation. Clear answers. Client-first approach.