Remuneration Policy

SproutPlans is typically remunerated by commission from product providers and insurers when we arrange investment or insurance-based products on your behalf. This does not influence our recommendations.

As required by the Central Bank, SproutPlans conducts a fair market analysis before making any product recommendations. We are proud to operate without bias toward any provider or product.

For most investment, savings, and pension products, SproutPlans receives an annual commission of 0.25% from life companies. We believe this is competitive and fair, and it allows us to actively monitor and manage client portfolios.

We assess all available options and perform a full market analysis annually to support each recommendation we make. Our priority is always the client’s long-term financial wellbeing, and we stand behind our advice with transparency and trust.

In advance of implementation of a specific recommendation we clearly set out the commissions that will be paid by our regulated product providers in implementing such an arrangement for you.

Advisory Fees

You may also wish to seek general advice independent of products provided by any of our partners and we can do this on a fee basis as set out below.

Life Cover Advice only – €500 & VAT
Investment Advice only – €750 & VAT
Pension Advice only – €750 & VAT
Full Financial Plan – €2,500 & VAT

Commission Structures

Commission is the payment an intermediary earns for work carried out on behalf of both the product provider and the consumer. It’s typically based on the value of the product sold.

Types of Commission Models

Single Commission: A one-time payment made shortly after the sale, based on a percentage of the premium, investment amount, or loan value.
Trail/Renewal Commission: Ongoing payments made at regular intervals over the life of the product.
Indemnity Commission: An upfront payment made before the commission is fully earned. If the product is cancelled early, this may be subject to a clawback.

Some indemnity commissions may also be advanced against future sales to support setup costs or business development.

Life Assurance/Investments/Pension products

Commission for Life Assurance products is typically split into:

Initial and Renewal Commission – based on the premium
Fund-Based or Trail Commission – based on the accumulated fund value

Terms like trail, bullet, flat, and renewal commission all refer to ongoing payments. For regular contribution products, commission may be a percentage of the annual premium or fund value. For single premium (lump sum) products, it’s usually based on the fund value.

Product Types

Life Assurance: Individual or group protection policies
Investment/Pension: Single or regular contribution policies

Examples include Life Protection, Regular Premium Life Assurance Investments, Single Premium Insurance-Based Investments, and Single Premium Pensions.

Clawback

If a product is cancelled or lapses within a specified period, the provider may reclaim part of the commission paid to SproutPlans. This is known as clawback. We will always inform clients if a product carries a clawback risk and how it may affect them.

Sustainability

We evaluate how product providers integrate sustainability risks into their investment offerings before making recommendations. This ensures our advice supports both financial and ethical goals.

Transparency and Disclosure

Before any product is arranged, we will provide:

A breakdown of fees and/or commission
Details of any ongoing remuneration
Information on clawback provisions
A written summary of the costs and benefits of the product

Commission Transparency

The commission tables below show the maximum commission SproutPlans may receive across all product providers and products we advise on. These figures are indicative and may change. In most cases, we take less than the maximum shown.

We’re committed to full transparency. You’ll receive a clear breakdown of any commission paid to SproutPlans for your specific policy, in line with the Central Bank Consumer Protection Code.

For ongoing management of pensions, investments, and savings, we apply a charge of up to 0.25% per annum based on the value of your plan for any plan we arrange. Insurance company charges may vary and will be outlined clearly.

Further details on the providers we work with, the products we offer, and the maximum commissions available to us are listed below.