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Master trusts will be hit twice by a general levy increase, since in addition to a cost hike these schemes will also have to boost their reserves in case of a wind-up, and face added scrutiny from the regulator as a revised business plan could be expected.

Maria Espadinha | December 11, 2019

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Master trusts forced to up reserves due to levy increase

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Master trusts forced to up reserves due to levy increase

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