Field: USS deficit and transfer advice should be areas of concern for WPC

Michael Klimes
clock • 3 min read

Frank Field MP has said the £12.6bn deficit at the Universities Superannuation Scheme (USS) and the transfer advice individuals receive are topics which demand closer scrutiny.

The chairman elect of the Work and Pensions Committee (WPC), which is expected to become fully operational after the summer recess, has flagged up both issues through two interventions. These inter...

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

Regulatory action whilst the horse is still in the stable

Regulatory action whilst the horse is still in the stable

Chris Edwards-Earl looks at a contribution notice for an ongoing sponsor being upheld in the UT

Chris Edwards-Earl
clock 19 September 2025 • 3 min read
LCP warns against Budget pensions tax relief raid due to potentially 'serious' issues

LCP warns against Budget pensions tax relief raid due to potentially 'serious' issues

Firm warns changes to pensions tax could cause challenges for workers, employers and the public sector

Jasmine Urquhart
clock 08 September 2025 • 2 min read
Ian Cornelius – Strengthen Pension Schemes Bill to further unlock innovation and UK growth

Ian Cornelius – Strengthen Pension Schemes Bill to further unlock innovation and UK growth

Nest chief executive says tweaking the PSB could turn it into an ‘engine for investment’

Ian Cornelius
clock 04 September 2025 • 4 min read
Trustpilot