Universities are facing significant disruption after members of the University and College Union (UCU) voted for strike action over the planned closure of the Universities Superannuation Scheme (USS).
The universities can expect up to 14 days of escalating strike action from 22 February unless an agreement is reached between the UCU and Universities UK (UUK), which oversees the hybrid scheme. UUK...
Regulatory guidance “could set too high a hurdle” for superfunds, Lane Clark and Peacock (LCP) warns.
Around one in 25 pension schemes have made use of regulatory easements to deficit recovery contribution (DRC) payment schedules, according to The Pensions Regulator (TPR).
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the September 2020 estimates on the various measures…
Philip Dickinson looks at the impact of Covid-19 on the transfer market and how schemes and advisers can support members.
The Pension Protection Fund (PPF) has an 83% probability of success for its target of being self-sufficient by 2030 as of March this year, a six percentage point drop from 2019.