Page 15 - PSK24 FSCG - Brendan Burrows

Commissions

We do not receive commissions on investments through new superannuation, managed funds or
retirement products. However, some products, particularly older products, may attract commissions
and will cease with effect from 1 January 2021.
Any commission amounts will be disclosed to you when providing my advice. The following table is a
guide of commissions we may receive.

Product type Initial commission Ongoing commission Example
Insurance (including those On insurance policies
held within implemented from 1
superannuation) Up to 66% of the first January 2020, if your
year’s premium for new insurance premium was
policies implemented from $1,000, we would receive
1 January 2020. Up to 33% of the an initial commission of up
insurance premium each
We may receive following year. to $660.
commissions on increases
or additions to existing We would receive an
policies of up to 130%.
ongoing commission of up
to $330.00 pa.

All fees and charges include GST.
If an agreed advice fee is charged then we may rebate all or some of the commission.

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