Coverage of the growth of the Universities Superannuation Scheme (USS) deficit is 'scaremongering', former pensions minister Baroness Ros Altmann has told the House of Lords.
The scheme, which posted a 20.1% surge in assets under management from March 2016 to March 2017, recorded a £12.6bn actuarial deficit at the end of March 2017. The deficit was 138% larger than i...
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