All Universities Superannuation Scheme (USS) articles
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NewsUniversities Superannuation Scheme reports £9.2bn DB surplus
The value of the DB fund increased by £1.7bn over the year to 31 March 2024
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NewsBrunel, USS to sit on UK wealth fund advisory body for Labour Party
£7.3bn of public capital has been proposed for the opposition party’s envisaged National Wealth Fund
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NewsMeeting schemes’ benefit structures is barrier to consolidation, pensions industry says
Consolidation is not off the table, according to the PPF, but consolidators need to get the design right
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NewsUK pensions committee calls for pension fiduciary duty clarity
Pensions for Purpose called for a change in The Companies Act to better align company director duties beyond short-term profit maximisation
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NewsValue of USS’s stake in Thames Water drops by almost two-thirds
The ‘fair value’ of USS investment fell to £364.4m last year, down from £956m in 2022
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NewsUSS to reduce contribution level to 14.5% in January
While reporting a healthy surplus, lowering contribution rates and improving benefits is a ‘positive backdrop for USS’, says CEO Carol Young
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NewsUK universities pension fund names new head of responsible investment
Carlisle was most recently head of sustainability at Jupiter Asset Management
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NewsUSS employers agree to restore university pension benefits
UUK and UCU agreed to full benefit restoration to pre-April 2022 levels by Monday 1 April 2024
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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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News190 investors write to companies over management of nature
Launch reflects growing focus on nature in sign of defiance against US clampdown on collaboration
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NewsUSS and academics develop new approach to climate scenarios
New narrative scenarios are more realistic than mainstream quantitative scenarios, according to new report
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AnalysisAnalysis: Disagreements abound over pension funds’ climate scenario models
USS wants more ‘useful’ ways of assessing climate pathways, while experts at UK pension regulator tell funds to challenge consultants on current results
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NewsUSS reduces carbon emission intensity by 21% but warns more needs to be done
‘The government and regulators have a huge part to play here, not least by ensuring a predictable, transparent, and stable regulatory environment,’ says Innes McKeand
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NewsUSS sees assets under management drop by 16%
USS asset under management fell from £90.8bn to £75.5bn last year
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NewsUK Court of Appeal dismisses case brought against USS directors
Claims against USS directors were ‘bound to fail’, according to Judge Sarah Asplin
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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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NewsUSS aims to be ‘more rigorous’ in its stewardship
New approach ‘may see us vote against reappointment of responsible directors,’ says USS chair
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NewsUniversities Superannuation Scheme resumes fossil fuels court battle
The claim is one of the UK’s largest crowdfunded legal actions and has attracted significant grassroots support from other pension members
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AnalysisAnalysis: How to navigate cyber security crisis management
More than 400 pension funds using Capita’s services should check whether their scheme’s data could be affected
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NewsUniversities Superannuation Scheme enlists new group chief
Carol Young will succeed Bill Galvin later this year as group CEO of USS
