All UUK articles
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NewsUSS employers urge scheme for fast conclusion of 2023 valuation
Employers ‘wish to be cautious and proportionate’ in making responses to USS’s improved funding position
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NewsUSS consults on lowering contribution rate to 16.2%
Indicative results reflect a significant change in the economy since the 2020 valuation was finalised in the latter half of 2021
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Academics’ union issues new proposals in bid to resolve USS dispute
UUK says proposals appear to ignore previously expressed employer views
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USS to consider JNC decision as union warns of industrial action
Negotiating committee decides to progress employers’ proposal for USS changes
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USS employers back changes to pension scheme
Without changes to the scheme, employers and scheme members face escalating contribution rates
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Russell Group flags support of UUK options as USS sees ‘grounds for cautious optimism’
Influential subset of UUK employers states areas of agreeement with UUK options for addressing contested 2020 USS valuation
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USS ‘pushing regulator to the limit’ on risk, says CEO
£68.5bn scheme’s leaders say they have taken a position of ‘maximum flexibility’ in a bid to resolve a long-running dispute over contributions
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USS deficit hits £6.6bn as chief exec warns on market outlook
Staff and employers have been unable to agree contribution levels – and recent market volatility could require them to pay even more
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University staff warn of fresh strike action over contributions [updated]
Employers welcome proposal from USS’ Joint Negotiating Committee but union rejects higher costs for scheme members
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UK universities back fresh funding proposal for USS
Employers backing the UK’s largest pension scheme agree to measures supporting lower contribution rates, including a moratorium on exits
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Academics call for government inquiry into USS governance
More than 1,000 UK-based professors and university staff have demanded action over governance concerns at the UK’s largest pension fund
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Staff and students protest as college threatens exit from USS
Council in charge of Trinity College, Cambridge wants to extract itself from USS in a move that could cost it £30m
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Fresh proposals for USS funding fail to satisfy university staff
The higher education staff union says a proposed new contribution schedule for the £64bn scheme is not sufficient to break the negotiating deadlock
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UK’s largest scheme names chief pension officer
Helen McEwan joins Universities Superannuation Scheme having previously been at Aegon
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USS prepares fresh valuation as employers accept more risk
UK’s biggest pension scheme aims to put forward new contribution rates in February to resolve long-running dispute
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USS proposes 41% contribution hike to plug funding shortfall
Report into 2017 valuation expected by September with employers hoping to avoid higher pension costs
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Universities finalise panel to scrutinise USS valuations
Influential pensions industry figures to assist in evaluating calculations and methodologies
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Joanne Segars to chair USS valuation expert panel
Former PLSA CEO pledges regular reporting on panel’s work
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Country ReportUK roundup: Agreement struck on USS valuations; UK approaching peak LDI
Plus: UK approaching ‘peak LDI’; Xafinity Punter Southall calls for legal separation of consultants and fiduciary managers
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News
University staff to vote on future of USS next week
Latest proposal marks the second attempt to break negotiation deadlock and end industrial action
