Proposals outlined in a consultation yesterday to modify Universities Superannuation Scheme (USS) pension arrangements are “deeply disappointing” and will “devastate” scheme members’ retirement prospects, according to the University and College Union (UCU).
Universities UK (UUK) - the sponsoring employer of the USS - yesterday (2 February) commenced a consultation with employers on potential changes to the employer's proposals for concluding the schem...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
