How YourShare puts fees and commissions back in your pocket
This is what you already pay on financial products and investments
Each year, Australians pay billions of dollars in fees and commissions to financial advisers, brokers and agents:
| The product |
What you pay |
Managed investments funds |
- Initial commissions
- Entry fees on each deposit
- Trailing commissions each year– typically 0.25 to 1.2% of the total value of your investments
|
Superannuation/pension funds |
- Initial commissions
- Entry fees on each deposit
- Trailing commissions each year – typically 0.25 to 1.2% of the total value of your investments
|
Home loans, car loans, personal loans, margin loans |
- Fees
- Trailing commissions
|
Home insurance, car insurance, CTP, life insurance, travel insurance, income protection insurance |
- Fees
- Trailing commissions for the agent
|
These fees and commissions are compulsory
In most cases, these fees are compulsory regardless of whether you invest/purchase via a financial planner or broker.
If you try to avoid the fees by going direct to the product provider they simply keep the fees and commissions.
How you can reclaim these fees and commissions
To reclaim these fees and commissions, all you need to do is nominate YourShare as your broker for these products:
- We collect the fees and commissions on your behalf and pay it back to you.
- You can do this for new financial products and existing financial products you already hold.
- The process is simple, free to use and there are no associated penalties or upfront
costs to you.
- You do NOT have to sell or re-buy your managed funds. Simply nominate us as your broker.
How much do you get back?
The amount you get back depends on how many products you register with YourShare, the value of your investments and the fees and commissions being charged by your financial institutions.
Entry fees and initial commissions for managed investment funds and superannuation/pension funds
We refund 100% of initial commissions and entry fees for managed investment funds and superannuation/pension funds back to you!
Trailing commissions
You receive 50% of the first $590 and 100% of the remaining amount over $590.
It all adds up
You’ll be surprised how much you get back. Once you've added everything together – from managed funds to superannuation, insurance, loans and other products—you may be looking at enough cash to take an extra holiday, a new TV, a laptop or just a nice big chunk paid off the mortgage! And this happens every year.
How much do we charge for this service?
There are no upfront fees and no fixed fees. All we retain is 50% of the first $590 in trailing commissions ($295). Hence, $295 is the most we can earn from a customer and you are never out of pocket.
How do I know I’m getting the best deal?
We’ve won Money Magazine’s Best Cash-Back Service Award for 2009 and 2010—two years in a row. We’ve also been compared with our competitors in various media accolades.
Our best-deal guarantee means if you find a better genuine deal elsewhere, we guarantee to beat it by 10%.
What else is great about YourShare?
- We donate to charity each year for every client using our service.
- We’re proud to support the Australian Cancer Research Foundation for 2010.
- We don’t limit you to a selection of fund managers. If you find a fund manager not listed in our directory, simply call us and we’ll organise it for you.
- Our wide range of products and services means you can keep everything under one roof.
- Refer a friend and receive a $50 cash reward for each year your friend is with YourShare.
- You can access your account online at all times and keep track of everything right here.
- YourShare do not provide financial advice.
- YourShare is Australian owned and operated and staffed in Australia.
You should get started today to get your first Cash-Back Cheque
Like to see how much your first Cash-Back Cheque will be?
It takes just two minutes to get started:
Phone us on 1300 554 774