Commission Rebates

Finding out that you have been paying trailing commissions from your superannuation fund or investment accounts can be a shock, and it may seem even more unbelievable that you can start getting those commissions back, and have them paid to you, rather than a broker, provider or financial advisor. However, that is exactly what can happen when you request a refund by registering now with Commission Rebates and after reading these case studies, you’ll see how it is possible for you too.

Examples of Rebates from Superannuation Funds

Whether you are still in the midst of your career or have recently rolled over your superannuation fund, Commission Rebates can help you retain the fees and commissions from your super fund, just like in these examples.

Susan, aged 37, still in the workforce and receiving employer contributions:

• Susan’s superannuation policy with AMP has a balance of $150,000.
• As is the industry average, Susan’s super policy was paying AMP trailing commissions of 0.60% a year. Susan’s employer contributions were also being charged an industry standard entry fee of 4.0%. 
• When Susan requested a refund by registering with Commission Rebates, her entry fees were reduced to zero, saving her $360 a year in fees from the first day she registered, and saving her potentially more as her salary will increase as would the percentage of the fees. 
• Commission Rebates could then also collect the trailing commissions from Susan’s super fund, rather than having them collected by AMP, and Commission Rebates credited them to her refund account. 
• One year on from registering with Commission Rebates, Susan received a cheque for $618. This payment will continue to be every year and will increase as the value of her super fund increases too. 
• In total, Susan was $978 richer during her first year of registering with Commission Rebates, simply from the fees and trailing commissions from just one of her financial products. 
• Use the Commission Rebates calculator here to find out how much richer you could be, and request your refund by registering now.

Richard, aged 62, recently retired and rolled over his super fund:

• When Richard rolled over his Colonial superannuation fund into a Colonial allocated pension fund, the balance of his account was $390,000. 
• There were hidden trailing commissions being applied to Richard’s pension fund of 0.55% of the balance.
• Richard also had a managed investment fund with Perpetual, with a balance of $150,000. 
• Richard’s Perpetual investment was paying trailing commissions to the accountant who set up the investment, of 0.75% of the balance each year. 
• By registering for a refund with Commission Rebates, we were able to collect the commissions applying to Richard’s accounts. 
• One year after registering with Commission Rebates, Richard received a cheque for $3,164. 
• Richard’s refund payment will continue each year, and will increase as the value of his investments and super increases too. 
• Use the Commission Rebates calculator here to find out how much richer you could be, and request your refund by registering now.

Example of Refund for Self Funded Retirees

Being a self funded retiree affords you the luxury to maintain a lifestyle you have come to enjoy in your retirement, without having to rely on government payouts. However, you can enjoy even more of your retirement investment if you register with Commission Rebates. For example:

• Mary and David are self funded retirees with a balance of $300,000 in their Account Based Pensions. 
• Mary and David registered for a refund with Commission Rebates to make sure they were getting the most out of their retirement fund. 
• The trailing commissions from their account are now paid back to them, rather than to the financial advisor who set up their account.
• Mary and David’s trailing commissions are $765 a year, and that amount is sent to them each year by Commission Rebates, for them to do with as they choose. 
• Use the Commission Rebates calculator here to find out how you can top up your retirement fund, and request your refund by registering now.

Example of Refund on Life Insurance

Your life insurance policy is not something you want to skimp on, but having the trailing commissions returned to you instead of to a financial advisor does not affect the conditions of your policy, but instead means a nice bonus each year. For example:

• Ian is 45 and married with two young children, so he has a life insurance policy for $300,000 and a total and permanent disability policy for $300,000. 
• Ian’s annual insurance premiums are $640. 
• When Ian registered for a refund with Commission Rebates, he began to receive the commissions from his insurance policies, which were previously going to a financial advisor. 
• Ian receives an annual payment of his commissions from his insurance policies of $87 from Commission Rebates. 
• Use the Commission Rebates calculator here to find out how much you can get back, and request your refund by registering now.

Example of Refund on a Margin Loan

Taking out a loan to make an investment can be a financially sound move, if you are making a good investment. Therefore, you want to make sure the returns on that investment are not diminished by fees, and that commissions from your margin loan aren’t going to top up someone else’s portfolio. For example:

• Lisa is 35 and single, working full time and has a managed fund investment with a balance of $140,000 and a margin loan for $100,000.
• By registering for a refund with Commission Rebates, Lisa now receives $505 in commissions which were previously going to a financial advisor who set up her investment accounts. 
• Use the Commission Rebates calculator here to find out how to make your smart investments smarter, and request your refund by registering now.

Commission Rebates can help you get back fees and receive the commissions from your financial products no matter what those products are, or what your situation – because they’re commissions on your loans, investments and savings, so why shouldn’t they come to you? Request your refund by registering now with Commission Rebates.