Cash-Back Examples
You may be surprised how much Cash-Back you receive. Most of our clients are.
The examples below are intended to demonstrate how much Cash-Back you may receive from the compulsory fees and commissions you currently pay on financial products and investments by registering them with YourShare.
If you would like to know how much Cash-Back you will personally receive, call us on 1300 554 774 or use our Cash-Back Calculator.
How much you can expect to receive?
|
Financial Product |
Policy Value |
Commissions |
Refunded |
| Mortgages |
|
|
|
|
|
Home Loan |
$350,000 |
0.2% |
$700 |
|
$700,000 |
$1400 |
|
|
|
|
|
|
| Investments |
|
|
|
|
|
Superannuation |
$150,000 |
0.5% |
$750 |
|
$1,000,000 |
$5000 |
|
|
|
|
|
Managed Funds |
$100,000 |
0.5% |
$500 |
|
|
|
|
|
Pension / Annuity Fund |
$450,000 |
0.5% |
$2250 |
|
|
|
| General Insurance |
|
|
|
|
|
Home & Contents |
$1,200 |
20% |
$240 |
|
$2,500 |
$500 |
|
|
|
|
|
Landlord |
$700 |
20% |
$140 |
|
|
|
|
|
Car Insurance |
$800 |
20% |
$160 |
|
$1,500 |
$300 |
|
|
|
|
|
NSW CTP |
$300 |
7% |
$21 |
|
$600 |
$42 |
|
|
|
|
|
Travel Insurance |
$100 |
20% |
$20 |
|
$300 |
$60 |
|
|
|
|
Personal Insurance |
|
|
|
|
|
Life Insurance |
$700 |
20% |
$140 |
|
$1,300 |
$260 |
|
|
|
|
|
|
|
|
Home & Contents |
$550 |
20% |
$11 |
|
$1,700 |
$340 |
We can save an average family up to $1700* each year
|
Financial Product |
Policy Value |
Commissions |
Refunded |
|
Mortgage |
$350,000 |
0.2% |
$700 |
|
|
|
|
|
|
Super /
Pensions |
$100,000 |
0.5% |
$500 |
|
|
|
|
|
|
Car Insurance
(2 Cars) |
$2,400 |
20% |
$480 |
|
|
|
|
|
|
CTP
(2 Cars) |
$700 |
7% |
$49 |
|
|
|
|
|
|
Home & Contents |
$1,500 |
20% |
$300 |
|
|
|
|
|
|
Total |
|
|
$2,029 |
|
|
|
|
|
|
Estimated Yearly Refund |
|
|
$1,734 |
We can save an average family up to $1700* each year
Examples to demonstrate how much Cash-Back you may receive
Take a look at some Cash-Back exmaples that demonstrate the level of compulsory
fees and commissions you currently pay on financial products and investments and
how YourShare can help you reduce them plus get the rest refunded to you every
year.
If you would like to know how much Cash-Back you will personally receive, try our
handy Cash-Back estimator.
Superannuation: Save $80,928 over 25 years
He adds $791 a month to this superannuation. The trailing commission on his
superannuation account is 0.54% pa.
We lodged the broker nomination with the fund manager and reduced the initial
commission paid on all regular contributions from 4% to 0%, meaning an
additional $31.65 was added to John’s superannuation account each month.
We make the conservative assumptions that John does not increase the monthly
superannuation contribution amount, the funds grow at 7.5% pa and he retires at
age 65.
Over the next 25 years the total yearly cash commission rebates received by John
will be $53,172.
The savings in entry fees reinvested into the clients account yields John
another $27,765.
John makes back $80,928
Margin Loan: Save $1,355 each year
Mary has a margin loan for $500,000. The trail on the margin loan is 0.33% pa.
We worked with the margin loan provider to update the nominated broker on this
account to YourShare.
Assume conservatively that Mary does not increase the amount of the margin loan.
Mary receives $1,355 from us each year
Managed Fund: Save $112,365 over the next 27 years
Peter is aged 38 and has $265,000 invested in a managed fund. He adds $100 a
month to this investment. The trail on this managed fund is 0.44% pa.
We lodged the broker nomination with the fund manager and reduced the initial
commission paid on all regular contributions from 4% to 0%, meaning an
additional $4 was added to the Peter’s investment account each month.
Assume conservatively that Peter does not increase the monthly contribution
amount and the funds grow at 7.5% pa, and he cashes in his investment funds
account at age 65.
Over the next 27 years, Peter receives a total of $107,803 in years Cash-Back
rebates.
Peter also saves $4,552 in deposit/entry fees.
Peter saves a total of $112,365
Pension: Save around $5,000 a year
Brad is aged 58 and retired. He has $956,169 invested in a pension fund. He draws
$5,500 a month from these funds. The trail on the pension account is 0.6% pa.
We worked with the pension fund manager to update the nominated broker on the
account to YourShare.
Assume conservatively the funds grow at 7.5% pa,and the client continues to draw
$5,500 a month from their pension each year to age 80.
Over the next 22 years the total yearly cash rebates received by Brad over his
pension account will be $135,302.
YourShare will rebate $135,302 to this client.
The year 1 Cash-Back will be $5,461, Year 2 Cash-Back $5,497, Year 3 Cash-Back
$5,537... and so on.
Personal Insurance: Save $145,560 over 31 years
Tony and Beatrice are a married couple - both aged 34. They wanted to take out:
- Life cover - $900,000
- Trauma cover - $250,000
- TPD cover - $700,000
- Income Protection
The client selected the insurance provider they wished to take out their
insurance policies with. YourShare then sent the client the relevant insurance
PDS and application forms.
The premium quoted from the selected insurance provider was quoted as $1,181.76
for life A and $1,232.40 for life B. The insurance premium is stepped and
increases with indexation each year. The commission structure is level at 32%
pa. If we assume conservatively that the client keeps these insurance policies
active until retirement age 65, without amending the level of cover.
YourShare will rebate in total over the next 10 years $17,621
YourShare will rebate in total over the next 31 years $145,560
(Actual insurance premium amounts are used for years 1 - 10, years. Premium
amounts for years 11-31 are conservatively estimated at growing 5%pa)
New and Refinanced Mortgages: Save around $700 a year
We hand you the fees and commissions usually paid on your mortgage each year.
When you take out a loan, your mortgage typically generates 0.2% trailing
commission for each year you hold the loan. This adds up to thousands of dollars
over the life of your loan. On a $500,000 mortgage this is $1,000 in trailing
commissions each year.
Plus we answer the following questions for you:
- Are you on the best mortgage possible ?
- How much can we reduce your monthly repayments by ?
- How much you will save over the life of your loan ?
- Plus the value of your annual cash-back from fees and commissions ?
John is aged 40 with $80,000 invested in a superannuation fund. He adds $791 a month to this superannuation. The trailing commission on his superannuation account is 0.54% pa
YourShare received the clients fund broker nomination form on 29th May 2007. We lodged the broker nomination with the fund manager and reduced the initial commission paid on all regular contributions from 4% to 0%, meaning an additional $31.65 was added to John’s superannuation account each month.
How much John made back:
- We make the conservative assumptions that John does not increase the monthly superannuation contribution amount, the funds grow at 7.5% pa and he retires at age 65,
- Over the next 25 years the total yearly cash commission rebates received by John will be $53,172.
- The savings in entry fees reinvested into the clients account yields John another $27,765.
John makes back $80,928
Margin Loan Example: We save Mary $1,355 each year
Mary has a margin loan for $500,000. The trail on the margin loan is 0.33% pa.
YourShare received her fund broker nomination form on 11th Oct 2007. We worked with the margin loan provider to update the nominated broker on this account to YourShare.
How much Mary made back:
- Assume conservatively that Mary does not increase the amount of the margin loan
- Mary receives $1,355 from us each year
Managed Fund Example: We save Peter $112,365
Peter is aged 38 and has $265,000 invested in a managed fund. He adds $100 a month to this investment. The trail on this managed fund is 0.44% pa.
YourShare received the clients fund broker nomination form on 9th September 2007. We lodged the broker nomination with the fund manager and reduced the initial commission paid on all regular contributions from 4% to 0%, meaning an additional $4 was added to the Peter’s investment account each month.
How much Peter makes back:
- Assume conservatively that Peter does not increase the monthly contribution amount and the funds grow at 7.5% pa, and he cashes in his investment funds account at age 65.
- Over the next 27 years, Peter receives a total of $107,803 in years Cash-Back rebates.
- Peter also saves $4,552 in deposit/entry fees.
Peter saves a total of $112,365
Pension Example: We save Brad over $5,000 a year
Brad is aged 58 and retired. He has $956,169 invested in a pension fund. He draws $5,500 a month from these funds. The trail on the pension account is 0.6% pa.
YourShare received Brad's fund broker nomination form for the pension account on 14th December 2007. We worked with the pension fund manager to update the nominated broker on the account to YourShare.
How much Brad gets back:
- Assume conservatively the funds grow at 7.5% pa,and the client continues to draw $5,500 a month from their pension each year to age 80.
- Over the next 22 years the total yearly cash rebates received by Brad over his pension account will be $135,302.
- YourShare will rebate $135,302 to this client.
The year 1 Cash-Back will be $5,461, Year 2 Cash-Back $5,497, Year 3 Cash-Back $5,537... and so on.
Insurance Example: We save this client $145,560 over 31 years
Tony and Beatrice are a married couple - both aged 34. They contacted YourShare to take out the following insurance for each life:
- Life cover - $900000
- Trauma cover - $250,000
- TPD cover - $700,000
- Income Protection
They named 3 insurance companies they wanted to quote for the insurance cover.
YourShare received the clients request during November 2007, and worked with the 3 insurance companies and obtained the insurance illustrations requested. The illustrations were sent to the client, who requested 1 amendment. Once the amendment was completed the client selected the insurance provider they wished to take out their insurance policies with. YourShare then sent the client the relevant insurance PDS and application forms.
The result:
The premium quoted from the selected insurance provider was quoted as $1,181.76 for life A and $1,232.40 for life B. The insurance premium is stepped and increases with indexation each year. The commission structure is level at 32% pa. If we assume conservatively that the client keeps these insurance policies active until retirement age 65, without amending the level of cover.
YourShare will rebate in total over the next 10 years $17,621
YourShare will rebate in total over the next 31 years $145,560
(Actual insurance premium amounts are used for years 1 - 10, years. Premium amounts for years 11-31 are conservatively estimated at growing 5%pa)
Mortgage Example: We save the average mortgage holder over $700 a year
We hand you the fees and commissions usually paid on your mortgage each year.
When you take out a loan, your mortgage typically generates 0.2% trailing commission for each year you hold the loan.
This adds up to thousands of dollars over the life of your loan. On a $500,000 mortgage this is
$1,000
in trailing commissions each year.
Plus we answer the following questions for you:
Are you on the best mortgage possible ?
How much can we reduce your monthly repayments by ?
How much you will save over the life of your loan ?
Plus the value of your annual cash-back from fees and commissions ?
(Plus even more Cash-Back from your other products registered with the YourShare Yearly Cash-Back service)