Skandia flows Perennial rebates

property/chief-executive/

5 June 2007
| By Mike Taylor |
image
image image
expand image

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.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

2 months ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 3 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

3 months ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

4 weeks 1 day ago

BlackRock Australia plans to launch a Bitcoin ETF later this month, wrapping the firm’s US-listed version which is US$85 billion in size....

3 days 23 hours ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

2 weeks 3 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
moneymanagement logo