Our financial planners do not receive or charge commissions*

IFFP charges on a fee-for-service basis; you only pay for the time it takes to prepare and implement your financial plan. The IFFP planners do not accept commissions for recommending a certain product, and are therefore only interested in giving you appropriate advice.**

Commission based financial planners can receive trail commissions and other benefits for recommending you a certain product, and this could influence their advice. They might also charge you initial or ongoing commissions for investing in a product, and this can end up being very costly.

* IFFP does not accept commissions (either upfront or ongoing). If IFFP receives commissions from the product issuer they will be rebated to your account.
** Our financial planners can only recommend products on IFFP's approved products list.
*** Other financial planning groups might charge you 1% - 4% of your investment as an initial commission.
^ Average fee for Full Financial Advice
^^ Other financial planning groups might charge trail commissions, a small ongoing amount paid to planners in the years after you buy the investment. It usually ranges from 0.4% to 1.25% pa.