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....
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders