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  Charging Structure

Virtual Net We have taken a unique approach to our charging structure. It offers three different options suitable for all IFAs - so choice for you!

  • Option 1 - Pay As You Go. We charge £150 on a transaction basis + £150 per month per registered individual. This is ideally suited for advisers who don't generate large volumes of business during a year, but do generate substantial levels of commission on each case they submit.
  • Option 2- Commission based. For advisers who process large volumes of business during the year, the commission based charging option may be most suitable. We make a charge ranging from 4.75% to 12%, depending on volume and £150 per month per registered adviser.
  • Option 3 - Fixed retention. For those advisers who generate large amounts of business the flat rate retention option may be most appropriate. Amounts go down as low as £5,100 per year per adviser for larger firms and £8,388 per year for an individual adviser firm.

As a member you can transfer from one structure to the other, at 30 days notice, free of charge.

 
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