USS funding position remains 'encouraging'

Scheme says favourable market conditions may result in a higher scheme surplus

Martin Richmond
clock • 3 min read
Galvin: Improved funding position could be a platform on which to build greater resilience and stability into the future
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Galvin: Improved funding position could be a platform on which to build greater resilience and stability into the future

The Universities Superannuation Scheme (USS) has stated its funding position looks “very encouraging” as it approaches its 2023 valuation.

In a statement yesterday (17 May), USS chief executive Bill Galvin said due to a reversal in falling gilt yields and equity prices remaining strong, there had been a significant improvement in its ...

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