USS responds to employer questions over valuation assumption
The Universities Superannuation Scheme (USS) trustee board has laid out answers to thorny questions posed by its employer representative regarding its ongoing sustainability struggles.
This comes after the USS trustee board sent a letter to its employer representative Universities UK (UUK) on 29 March making clear its willingness to review its operations. "We believe the most productive...
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Defined benefit (DB) pension transfer values recovered by about a third last month after February’s sharp fall, according to figures from XPS Pensions Group.
Clearer DB guidelines on advice versus guidance needed, industry says
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UUK asks employers how to retain 'inclusive and affordable' USS benefits
Universities UK (UUK) has opened a formal consultation with employers in the Universities Superannuation Scheme (USS) seeking views on how to tackle the scheme’s funding situation.
Most DB members not confident about decision making at retirement; Trustees warned to 'step up'
Just one quarter of defined benefit (DB) members are confident about making decisions at retirement, according to research by Hymans Robertson.
DB funding - March 2021: Another surplus boost but remain mindful of volatility, says PPF
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. Here are the March 2021 estimates on the various measures…
