USS pensions review confirms healthier finances

Hi-de-Hi finance: USS buys Butlin’s sites for £300 million

Academics’ pension fund adds famous holiday camps to growing portfolio of assets as it seeks to shore up finances post-pandemic

By Tom Williams

12 July

Universities Superannuation Scheme governance review launched

Consultation opens into the terms, scope and structure of the review, which aims to identify ‘meaningful and implementable’ changes

By Tom Williams

5 July

Wrexham, UK - April 10, 2017 Hoard of money. Lots of coins scattered in a large pile. New British pound coins introduced in 2017

Next USS valuation ‘could come sooner’ as pension fund value soars

Improved benefits or lower contributions could be possible if positive pension fund scheme performance continues

By Chris Havergal

30 May

V-cs ‘seriously underestimated’ USS pension cuts, study claims

Those who earn less than £40,000 a year face losing about 30 per cent of the value of their pension, according to ‘first global analysis’

By Tom Williams

15 June

Reader's comments (1)

#1 Submitted by JohnnyTallywhacker on July 25, 2022 - 11:04pm

That explains my Universities efforts to find new reasons to cut back the members benefits in it's closed to new members local final salary scheme for non-academic staff, as it can't rely on the 'equality' (with USS terms) argument it was hoping to use. If the 10 year pension contribution 'holiday' the University took was now paid up it would comfortably cover the shortfall in the scheme, perhaps that's the thing they fear being forced to do?

USS: review confirms improved finances but changes will have to wait

In-depth look at scheme’s finances confirms deficit has shrunk since last valuation but ‘volatile market’ means benefits cannot be improved, yet.

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Related articles

Hi-de-Hi finance: USS buys Butlin’s sites for £300 million

Universities Superannuation Scheme governance review launched

Next USS valuation ‘could come sooner’ as pension fund value soars

V-cs ‘seriously underestimated’ USS pension cuts, study claims

Reader's comments (1)

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USS: review confirms improved finances but changes will have to wait

In-depth look at scheme’s finances confirms deficit has shrunk since last valuation but ‘volatile market’ means benefits cannot be improved, yet.

Register to continue

Subscribe

Related articles

Hi-de-Hi finance: USS buys Butlin’s sites for £300 million

Universities Superannuation Scheme governance review launched

Next USS valuation ‘could come sooner’ as pension fund value soars

V-cs ‘seriously underestimated’ USS pension cuts, study claims

Reader's comments (1)

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