Members of the University and College Union (UCU) are to be balloted on the latest Universities Superannuation Scheme (USS) offer, the trade union has announced.
This week's top stores included news that Nortel Network's UK defined benefit scheme will exit Pension Protection Fund assessment with £550m from insolvency proceeds to use to boost members' benefits.
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.
An independent expert panel will be commissioned to review how the £6.1bn funding deficit figure for the Universities Superannuation Scheme (USS) was reached, Universities UK (UUK) has announced.
Various risks can have significant effects on DB scheme liabilities, but what should schemes prepare for? James Phillips reports on four investors' views on the biggest looming risks.
Universities UK (UUK) has come to an agreement with the University and College Union (UCU) over the future of the Universities Superannuation Scheme (USS), reducing entitlement but maintaining defined benefit (DB) accrual.
The £60bn Universities Superannuation Scheme (USS) has made a follow-on investment in Yorkshire Water inflation-linked notes, backed by inflation swap cash flows, to secure long-term returns.
An agreement has been reached between Universities UK (UUK) and the University and College Union (UCU) to more talks in an attempt to end strike action over controversial pensions changes.
Universities UK (UUK) has suggested a collective defined contribution (CDC) scheme could be a replacement for the defined benefit (DB) element of the Universities Superannuation Scheme (USS).
Universities are facing significant disruption after members of the University and College Union (UCU) voted for strike action over the planned closure of the Universities Superannuation Scheme (USS).