Insurance

Partners Life expects advisers to opt for FAPO

Monday 29th of June 2020

From July 1, it will pay override commission payments to FAPs that satisfy a customer outcome metric, not dealer groups.

The structure will be a 100% base commission, a bonus of between 80% and 120% and an override of 30%, taking the combined total to maximum commission of 256%.

FAPs can still opt out of FAPO and choose to have the override money go to their dealer group, should...

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