REMUNERATION AND FEES – EFFECTIVE DATE 1ST OCTOBER 2021

Enda O’Brien Mortgages Limited, trading as Enda O’Brien Financial Planning ADDRESS: Brackagh, Blueball, Tullamore, Co.Offaly R35 XE00
TEL: 087 823 3425 EMAIL: enda@endaobrien.com WEB: www.endaobrien.com CRO: 315944 

Remuneration and Fees 

Enda O’Brien Financial Planning may earn our remuneration on the basis of fee, commission and any other  type  of  remuneration,  including  a  non-monetary  benefit  or  on  the  basis  of  a  combination  of  these  methods. A non-monetary benefit will only be accepted if it enhances the quality of the service to our  clients. You may choose to pay in full for our services by means of a fee. 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. Where it is not possible to provide the exact amount, we will provide  you the method of calculation of the fee. Where we receive recurring commission, this forms part of the  remuneration  for  initial  advice  provided.  A  summary  of  the  details  of  all  arrangements  for  any  fee,  commission  other  reward  or  remuneration  paid  or  provided  to  us  which  have  agreed  with  product  providers is available in our office or on our website www.endaobrien.com. In certain circumstances, it  will be necessary to charge a fee for services provided. These are listed below. 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 will become the amount payable to  the firm unless an arrangement to the contrary is made. If we have arranged for your fee to be offset by  commissions derived from a product which you subsequently cancel or cease to pay, and in consequence  we are obliged to refund commissions paid to us, we reserve the right to charge you a fee to reimburse  us for the amount of commission refunded.  

Advisory Fees 

You may elect to deal with us on a fee basis. Fees are charged on an hourly basis of €300 per hour for services rendered. These rates will be reviewed from time to time and you will be notified of any changes implemented. Additional  fees may be payable  for complex cases or to reflect value, specialist skills or  urgency. 

Pensions 

Group Schemes, Executive Pensions, Personal Pensions, PRSAs: 

Level model: Up to 5% on annual contribution. 

Initial, Renewal and Trail model: Up to 25% of initial contribution. 

Annual fee may also apply. 

Where advice is requested for PRSAs, the following hourly fees will apply: 

Advisor fees:  €300 per hour 

Buy out Bond: 

Single Contributions: Up to 5% of contribution. Annual fee may also apply. Additional fees may be payable  for complex cases or to reflect value, specialist skills or urgency. 

Annuities 

2% – 5% of the amount invested and annual fee may apply. 

ARF/AMRF 

2% – 5% of amount invested and annual fee may apply. 

Protection 

Term Assurance, Mortgage Protection, Specified Illness and Income Protection: 

Up to 180% of initial year premium and annual fee may apply. 

Investment Bonds 

2% – 5% of investment amount and annual fee may apply.

Regular Savings 

Up to 25% of initial year contribution and annual fee may apply.                            

Mortgages 

We may receive up to 1%(or whatever maximum is applicable) of the loan for arranging mortgage finance.  This commission is paid by the mortgage lender. The actual amount of commission will be disclosed at a  later stage in the ESIS (European Standardised Information Sheet) which will be forwarded to you. We  may  charge  a  fee  up  to  €1,500  for  the  preparation,  arrangement  and  administration  of  a  mortgage  application. This fee is in addition to any commission received from the mortgage lender. Please note that  lenders may charge specific fees in certain circumstances and if this applies, these fees will be specified  in your Loan Offer. You have the right to pay a fee separately and not include it in the loan. 

Regular Reviews 

It is in your best interests that you review, on a regular basis, the products which we have arranged for  you. As your circumstances change, your needs will change which may result in you having insufficient  insurance cover and/or inappropriate investments. We would  therefore advise  that you contact us  to  ensure that you are provided with up to date advice and products best suited to your needs.