"A boutique funds manager is reducing its management fees to zero in an attempt to capture investors flocking to take advantage of new superannuation rules.

Perennial Investment Partners Ltd announced on Wednesday that it would not collect management fees on 24 selected trusts for all of August, September and October - but only for new funds invested between May 30 and July 31.", IOOF subsidiary scraps management fees

Wow, what an aggressive move considering the big 30th of June is coming! New rules flagged by the federal government in its 2006 budget allow investors to make an undeductable contribution to their super of up to $1 million by June 30.