More than 700 support staff at the University of Sheffield are striking today over plans to move lower paid staff from a final salary to cash balance scheme.
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UK - The standard of governance within the hedge fund industry is exposing schemes to high risks and needs significant improvements, the £30bn ($49bn) Universities Superannuation Scheme says.
The standard of governance within the hedge fund industry is exposing schemes to high risks and needs significant improvements, the £30bn Universities Superannuation Scheme says.
University and College Union members have vowed to step up their strike campaign over changes to the Universities Superannuation Scheme with ‘sustained industrial action' in June.
UK - The Universities Superannuation Scheme's contested switch to career average is set to go ahead this Autumn following a decisive meeting yesterday approving the changes.
The Universities Superannuation Scheme's contested switch to career average is set to go ahead this Autumn following a decisive meeting yesterday approving the changes.
Deadlock over changes to the Universities Superannuation Scheme could end up in the High Court after the scheme confirmed it was seeking legal advice to resolve the issue.
Failure to reform the £30bn Universities Superannuation Scheme could be stalling a potential merger between the scheme and university Self-Administered Trusts.
Regulatory constraints on pension funds are stifling the availability of long-term capital in the global economy, the World Economic Forum says.