University staff accept USS offer, ending strikes
Staff at universities across the country are to end strike action after accepting the latest offer on the Universities Superannuation Scheme (USS).
The University and College Union (UCU) today announced that staff had accepted an offer from Universities UK (UUK), originally put to members last month, which pledged to retain defined benefit (DB) provision...
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Lady Green brings forward £50m DRC as The Pension Superfund eyes Arcadia schemes
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Purple Book reveals scheme funding has worsened, but PPF remains confident of success
Scheme funding in the defined benefit (DB) universe has worsened, but the Pension Protection Fund (PPF) remains confident it can tackle the challenges ahead, it says as it launches its 2020 Purple Book.
Debenhams schemes remain in PPF assessment after rescue attempt fails
Debenhams’ pension schemes are continuing in Pension Protection Fund (PPF) assessment after administrators failed to rescue the company from collapse.
DB funding - November 2020: FTSE 350 schemes 'hold up' against volatile environment
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the November 2020 estimates on the various measures…
