Skandia flows Perennial rebates
Ross Laidlaw
The decision by Perennial Investment Partners to refund its investment management fee for August, September and October this year is flowing through to investors.
Skandia has announced that investors in the Perennial Australian Listed Property Securities Fund distributed on Skandia’s retail platform will receive the refund.
Skandia chief executive Ross Laidlaw said that Skandia welcomed the Perennial initiative and was pleased to pass on any rebate it received to investors.
Perennial’s fee rebate applies to all new investors between May 30 and July 31, 2007, who remain invested until October 31, 2007.
AUTHOR
Mike Taylor
Recommended for you
The director of Ascent Investment and Coaching, Michael Dunjey, has been charged with 33 criminal offences.
Adviser Ratings’ latest financial landscape report finds there is a demographic of advice practices achieving an average revenue of $5 million, with only 3 per cent of practices overall seeing a revenue decline.
The FAAA is calling for regulators to take a partnership approach with financial advisers regarding incoming legislation, rather than treating the industry as “guinea pigs”.
There have been strong numbers of returning advisers this year so far, according to Wealth Data, already surpassing the same period for 2024.
