Members of the Universities Superannuation Scheme (USS) have been sent a revised offer pledging to maintain current benefits alongside existing contribution levels until April next year.
The offer, made by Universities UK (UUK), ditches an earlier plan to increase contributions for both employers and employees, while also reaffirming a commitment to establish an independent panel to consider...
Pension schemes have been “shoehorned” into valuing liabilities against gilts, creating a “herd mentality” that does not reflect scheme funding accurately, says PwC.
As over 1,000 DB schemes seek to agree a valuation amid the crisis, Hope William-Smith looks at the considerations.
Trustees should have the ability to pause suspected scam transfers, respondents agreed in a Professional Pensions poll.
Defined benefit (DB) scheme members with weaker employers face a 50% chance of a cut in benefits due to sponsor insolvency, according to Hymans Robertson.
Mercer has launched a defined benefit (DB) master trust in a bid to offer a “best-in-class solution” that recognises the shrinking universe.