Universities Superannuation Scheme employer costs will stay fixed at current levels to help meet a £2.9bn shortfall in the scheme following its latest triennial valuation.
The £30bn scheme will fix employer contributions at 16% - despite scheme reforms last year cutting future accrual costs and a switch to CPI inflation that could have led to lower employer contribut...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- 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
