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Market leading commissions
PTDS are at the forefront of providing a comprehensive range of products, service and top commissions.
Debt Management
The average commission for a debt a management case is £580
50% of the first debt management payment is paid as commission – average £100
In addition we charge an advice fee of £285 which is payable by the client by adding £95 to the first 3 months’ payments – commission is paid of £83.33 per month for the first 3 months – total commission to you of £250
A management fee of 15% of the monthly debt management payment (average £30) is charged monthly starting month 2 – the average life of a debt management plan is 2 years.
Trail commission payable monthly is 33.33% of the management fee - £10 per month and a total of £230 over 23 months
NB In the case of an introduced client where no meeting or advice has been provided by the adviser, the initial commission and the trail commission is paid to the adviser but there is no payment of the advice fee – average commission over 24 months is £330.
IVA and Trust Deed
The commission paid for an IVA is £500 and for a Trust Deed in Scotland the commission is £400.
Full and Final settlement
Commission payable is 50% of the fee paid by the client. The fee is £295 payable on application plus between 10 and 15% of the saving made for the client between the amount owing and the amount accepted by the creditors.
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