USS deficit talk is 'scaremongering', Altmann says
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 it had...
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