USS: Cost of scheme is 'growing challenge' as future returns 'likely to be lower'

The Universities Superannuation Scheme (USS) trustee board has warned investment returns will be lower in the future than expected as it edges closer to concluding its 2020 valuation.
In an update published on 19 January on the scheme's valuation progress, the trustee said while the higher education sector remains "financially resilient", the cost of maintaining the scheme is a "growing...
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