Survey: Announcement Relating to Mutual Bonus NAGS Bonus Survey Please indicate the date of your last agency contract (including commission negotiation)? * Pre 2017 2017-2023 2024 Having digested the news that previous commission support on Mutual bonus is to be withdrawn from 1st July 2024 and taking into account on target growth and your partnership investment plans, what will be the net effect to your partnership profits in 2024? (Potential Evidential answers please) * We will still see a 5%+ growth in profit over 2023 We now expect 0-5% growth in partnership profit over 2023 We now expect a negative partnership profit against 2023 Don’t know (no comparable) What is your most likely response? * None (We are OK and will trade through it) Revised investment approach Would now apply to NFU Mutual for more investment support if it were made available. Would support a revised structure of a staged withdrawal of the support (even if this was up to 75% in this MB year) Would support a revised structure of a staged withdrawal of the support? (even if this was up to 75% in this MB year) * Yes No What do you personally see as the most significant aspect of the announcement? * Financial implications Disrupted commercial plans OtherOther Any other messages that you would like consideration by NAGS Officeholders? If you are human, leave this field blank. Submit
