The Universities Superannuation Scheme (USS) in the UK has retained William M Mercer as actuarial and investment consultant.
The re-appointment follows a review of the scheme’s providers and the contract includes assets exceeding £20bn, making it one of the largest public sector pension funds in the UK.
USS, which is managed from USS Ltd’s headquarters in the Royal Liver building in Liverpool, was established in 1975 and is the principal pension fund for academic and non-academic staff in UK universities and other higher education and research institutions.
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