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    Universities Superannuation Scheme

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    • Wednesday, 19 July, 2023
      UK universities set to secure big cut in pensions bill

      Universities Superannuation Scheme records a surplus after more than a decade in deficit due to sharp rise in interest rates

      A student walks in the campus of Glasgow university
    • Wednesday, 5 July, 2023
      Thames Water PLC
      Thames Water investor USS to be quizzed by watchdog over stake

      The Pensions Regulator’s scrutiny comes after plans emerge for a bailout of the utility

      Thames Water headquarters in Reading, England
    • Friday, 12 May, 2023
      Leading pensions client warns data for 470,000 members at risk from Capita hack

      UK’s biggest private sector pension plan says private details of members were on outsourcer’s hacked servers

      A Capita logo
    • Wednesday, 19 April, 2023
      Pensions industry
      Pension schemes to target BP’s Lund over backtrack on climate pledges

      Nest and four other UK retirement funds will vote against the chair’s reappointment

      The BP Texas City Chemicals plant
    • Tuesday, 28 March, 2023
      Workplace pensions
      UK universities pension plan warns against shake-up of funding rules

      Largest private-sector retirement scheme, with fund of £90bn, tells regulator of ‘deep misgivings’ over proposals

      A university lecturer standing in front of a room full of students
    • Sunday, 12 March, 2023
      Climate change
      UK pension funds threaten to vote against BP and Shell directors over climate targets

      USS and Border to Coast’s plan follows companies backtracking on emissions targets

      From left, BP’s Bernard Looney and Shell’s Wael Sawan montage
    • Monday, 24 October, 2022
      UK labour disputes
      UK universities face national strike as pay and pensions dispute escalates

      UCU threatens to ‘bring entire sector to a standstill’ after securing landmark mandate

      University staff during a protest in London
    • Thursday, 6 October, 2022
      Pensions crisis
      UK’s largest pension scheme was warned against debt strategy before crisis

      Universities including Oxford, Cambridge and Imperial College advised £90bn USS of ‘significant risks’

      Members of the public sit in view of the City of London skyline
    • Monday, 25 July, 2022
      Pension chief bonus sparks union anger ahead of university strike ballot

      College staff condemn payment to Universities Superannuation Scheme boss after facing retirement benefits cuts

      Protesters outside Universities Superannuation Scheme offices
    • Saturday, 18 June, 2022
      UK universities
      Universities accused of misleading claims over UK staff pension reforms

      Younger workers could lose up to £200,000 under benefits changes introduced in April, analysis shows

    • Tuesday, 31 May, 2022
      Explainer
      Will improved finances bring an end to UK university pension battle?

      Union insists cuts to benefits imposed in April can be reversed but employers stand firm

    • Monday, 30 May, 2022
      USS pension deficit shrinks from £14bn to £1.6bn in two years as markets surge

      Head of universities sector scheme suggests changes that led to widespread strike action might be adjusted

      Lecturers, trade unionists and students protest outside the Universities Superannuation Scheme (USS) HQ in the City of London
    • Saturday, 19 February, 2022
      Jo Grady
      Academic pensions are not a gift, but a right we have earned

      Staff who kept universities afloat during the pandemic deserve dignity in work and retirement

      Members of the University and College Union (UCU)  in Glasgow holding banners demonstrate over pay, pensions and working conditions
    • Monday, 14 February, 2022
      UK university pension fund sets ‘staging post’ emissions goals

      Largest private scheme by assets plans to invest £500mn in new decarbonisation strategy

      Smoke billowing from a fire in the Amazon rain forest
    • Sunday, 14 November, 2021
      Martin Wolf
      UK university pensions suffer from misplaced prudence

      It is a fallacy to suppose that a fund could be insured against the direst outcomes

      Staff from Dundee University hold a rally in City Square on the first day of a five day strike on September 29, 2021 in Dundee, Scotland
    • Monday, 1 November, 2021
      Pensions crisis
      UK academics begin legal action to halt proposed cuts to pensions

      Move also seeks to speed up the Universities Superannuation Scheme’s efforts to divest from fossil fuel companies

      Academics at Sheffield university protesting over pensions in 2020
    • Tuesday, 31 August, 2021
      UK university union plans industrial action over pension cuts threat

      Move follows vote by committee to back proposals to cut funding shortfall in main retirement scheme

      Newcastle University members of the UCU strike over pay and pensions in 2020
    • Sunday, 27 June, 2021
      Martin Wolf
      It is folly to make pensions safe by making them unaffordable

      Misguided policies threaten the security in retirement of almost everyone working in the UK private sector

      Getty image illustrating Martin Wolf column ‘It is folly to make pensions safe by making them unaffordable’
    • Friday, 28 May, 2021
      Cuts to university pensions will leave staff ‘one-third worse off’

      Union accuses fund of ‘failing to come clean’ over impact on defined benefit schemes

    • Monday, 3 May, 2021
      UK university pension fund proposes net zero investment strategy

      But plan draws criticism from academics seeking swift exit from fossil fuels

    • Wednesday, 7 April, 2021
      UK universities
      UK universities propose cutting benefits to save pension scheme

      Measures are employers’ response to shortfall in funding rising from £3.6bn to £18bn in 2 years

      A woman delivering a lecture at Aberystwyth university, Wales
    • Wednesday, 10 March, 2021
      UK economy
      Pension regulator under fire over university fund valuation

      Concerns raised after sector’s main retirement fund estimated shortfall of up to £18bn

    • Wednesday, 3 March, 2021
      UK universities face big rise in pension contributions

      Shortfall in superannuation scheme jumps to an estimate of more than £14bn

      Cambridge university
    • Monday, 14 December, 2020
      UK Broadband
      Altnet boom continues as G.Network raises £1bn for fibre upgrades

      London-focused telecoms company wins backing from Universities Superannuation Scheme

    • Sunday, 6 September, 2020
      Pensions crisis
      UK universities and staff face huge jump in pension contributions

      Retirement scheme deficit jumps from £3bn to £18bn in two years

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