Over 50 academics in the Universities Superannuation Scheme (USS) have urged the fund's trustees to explain calculations used to calculate its deficit.
In July, the 390,000-member scheme reported a surge in its deficit in its 2017 valuation, resulting in a shortfall of £12.6bn on the actuarial measure, 138% larger than at its 2014 valuation. The scheme...
Universities Superannuation Scheme (USS) has said it will go ahead with its 31 March valuation despite significant falls in asset values over the past month.
The Pensions Regulator (TPR) is “pulling out all the stops” to help struggling employers during the Covid-19 crisis, although latest guidance may put trustees in a “challenging” position, the industry says.
Millions of public sector workers will be able to choose whether their pension provision should be accrued under legacy or reformed schemes under government plans announced yesterday.
As the Covid-19 crisis sees employers seeking changes or suspensions to deficit contributions, Richard Knight looks at how schemes should respond to such requests.
The Pensions Regulator (TPR) must adopt a “pragmatic” approach to the 15% of UK schemes that have valuation dates within the next three weeks, Aon has said.