Universities Superannuation Scheme

Industry

Was Port Talbot the tipping point for pension freedoms?

Henry Tapper says as the initial euphoria of 'never having to buy an annuity again' wears off, the prospect of freedoms becomes less appealing

clock 05 January 2018 • 3 min read

Defined Benefit

First Actuarial's DB index surplus reaches record high in November

All 6,000 UK schemes had a surplus of £358bn by the end of last month when calculated under a best estimate return on their assets, according to First Actuarial.

clock 20 December 2017 • 2 min read

Defined Benefit

USS overhaul could leave staff over £200,000 worse off at retirement

A lecturer starting work today could be £208,000 worse off over the course of their retirement if Universities Superannuation Scheme (USS) proposals take effect.

clock 01 December 2017 • 3 min read

Defined Benefit

Warwick vice-chancellor attacks DB closure plans for USS

Closing the Universities Superannuation Scheme (USS) to future accrual would have "serious consequences" and alternative approaches should be explored, the University of Warwick's vice-chancellor has said.

clock 29 November 2017 • 2 min read

Industry

Have your say: Are we facing a crisis in retirement income?

This week we want to know if the UK is facing a crisis in the retirement income market and whether government concern about a rushed cold calling ban is valid.

clock 21 November 2017 • 1 min read

Defined Benefit

UUK proposes axing future accrual in USS

Universities UK (UUK) has proposed ending future accrual of defined benefit (DB) promises and transferring members to the existing defined contribution (DC) plan.

clock 17 November 2017 • 3 min read

Defined Benefit

Academics call on USS trustees to explain deficit maths

Over 50 academics in the Universities Superannuation Scheme (USS) have urged the fund's trustees to explain calculations used to calculate its deficit.

clock 19 September 2017 • 2 min read

Defined Benefit

USS deficit talk is 'scaremongering', Altmann says

Coverage of the growth of the Universities Superannuation Scheme (USS) deficit is 'scaremongering', former pensions minister Baroness Ros Altmann has told the House of Lords.

clock 08 September 2017 • 2 min read

Law and Regulation

An open letter to Frank Field MP

Con Keating writes an open letter to Frank Field MP, the chairman-elect of the Work and Pensions Committee, about the Universities Superannuation Scheme (USS). Here it is in full…

clock 05 September 2017 • 3 min read

Defined Benefit

USS launches consultation over valuation assumptions after fall in future return expectations

The Universities Superannuation Scheme (USS) has launched a consultation with Universities UK (UUK) on proposed assumptions for its 2017 valuation.

clock 05 September 2017 • 2 min read
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