New USS valuation reports 52% fall in deficit
The Universities Superannuation Scheme (USS) saw its deficit fall by £3.9bn on a technical provisions basis over a one-year period, its latest valuation reveals.
On a technical provisions basis, the beleaguered scheme had a £3.6bn deficit as of 31 March 2018, compared to the £7.5bn figure reported for the same date in 2017. The latest figure came as the scheme's...
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