EXCLUSIVE: Premier to launch multi-employer DB and master trust

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Premier plans to expand into the provider market by launching a multi-employer defined benefit (DB) scheme and a defined contribution (DC) master trust in March this year.

The DB scheme will be sectionalised and precludes any cross subsidies, Premier managing director Paul Couchman said. He added: "It won't be an old-style system like the last man standing trusts....

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