Image:
Grady: “A priority for us is that we need the scheme being run for the benefit of members."
A new low-cost defined benefit (DB) scheme that allows member contributions to be as low as 0% should be considered by the Universities Superannuation Scheme (USS) to stop members opting out, the University and College Union (UCU) says.
Speaking at a media briefing last Friday (19 August) UCU general secretary Jo Grady said the union was continuing to push USS to funnel pension savers into a different form of DB model rather than ...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
