No...
What I do is, make a new Document with
Master text Frame selected (so the text frames are already on the master pages). The before anything...
I got to
Layout>Layout Adjustment and make sure
Enable Layout Adjustment is ticked on, (so that anything Change in the master pages effects the text pages). Then I set up my Master Pages to suit.
Altering the Margings only (the text box will move the match the margins).
I then go to Page 1, then
without anything selected File>place, I then get the loaded cursur, and with my shift key held down click the loaded cursur in the top left hand corner of the pink margin (that will flow all of my text in).
Now, if I have to change the magins I change them in the Master pages, which will change in the text pages.
It's a bit of a long way around things compared to Quark but it works.
Hope this has answered your question
Marcus