And some funds might
charge an upfront commission, which you might not know about unless you review the fee disclosure statement that all 401k plans are required to provide.
Not exact matches
There are administrative fees, mortality
charges, surrender
charges and a large
upfront commission paid to the agent.
«We are not
charging any fees... Our only compensation after recouping our clearly defined costs [formatting / conversion, cover design, and proofreading] which are agreed upon
upfront and which we pass through transparently, is our standard 15 percent
commission.»
#Robin R, Findaway doesn't
charge upfront distribution fees, but they will take a
commission on sales as do all distributors.
Rather than sell publishing packages or
charge upfront for our services, we'd offer our service for free and we'd earn our income on
commission.
«These
commissions are earned through a combination of
charging upfront fees and higher interest rates to earn «kickbacks.
First and foremost, thanks to a 2010 Federal Trade
Commission law, debt collection agencies are prohibited from
charging upfront settlement fees.
In fact, there have been so many instances of scams involving companies that
charge upfront fees, the Federal Trade
Commission has established new rules governing how companies can
charge for their services.
Sales
charges are the
commissions paid to broker dealers that come in the form of an
upfront A share or level load C share.
T Shares are designed to carry a uniform
upfront sales
charge across all funds, so advisers won't be tempted to push one fund over another to receive a higher
commission, according to Morningstar.
Some taxpayers who filed complaints with the Federal Trade
Commission (FTC) reported that, after signing up with some of these companies and paying thousands of dollars in
upfront fees, the companies took even more of their money by making unauthorized
charges to their credit cards or withdrawals from their bank accounts.
With deferred sales
charge (DSC) mutual funds, you can buy without paying any
upfront sales
commissions.
Advisers who sell funds with an
upfront commission may
charge 1 to 2 per cent, or nothing at all, and then collect higher trailing
commissions of up to 1 per cent in most cases.
States, feds target debt settlement legal firms over
upfront fees — When the Federal Trade
Commission banned
upfront fees for debt settlement firms, a funny thing happened: More law firms suddenly began offering debt settlement services — and
charging upfront fees... (See Debt settlement legal firms)
These
commissions are earned through a combination of
charging upfront fees and higher interest rates to earn «kick backs».
In a 7 - 2 ruling on May 30, the Supreme Court of Canada supported ACAIQ's position that Proprio Direct should not have been
charging its customers a non-refundable,
upfront «membership» fee (
charged in addition to a sales
commission), regardless of whether or not the real estate company sold their homes.