Members of the Universities Superannuation Scheme (USS) have been sent a revised offer pledging to maintain current benefits alongside existing contribution levels until April next year.
The offer, made by Universities UK (UUK), ditches an earlier plan to increase contributions for both employers and employees, while also reaffirming a commitment to establish an independent panel to consider...
In this week's Pensions Buzz survey, we want to know whether or not you agree with Lord Myners' opinion that asset owners, such as pension funds, are substantially to blame for short-termism in business.
A typical defined benefit (DB) scheme was able to meet 92.9% of its accrued pension rights as of 30 September, according to Legal & General Investment Management (LGIM).
The combined funding level decreased by just over four percentage points by the end of last month to 93.6%, according to the Pension Protection Fund's (PPF) latest update.