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Barker: “For the first time in some years, recent data indicate we could be on track to achieving a more robust funding position."
Strong investment performance during the Covid pandemic has helped the Universities Superannuation Scheme (USS) shrink its deficit down from £14bn to £1.5bn during 2021/22.
The scheme's annual reports and accounts, published yesterday (25 July), show its deficit stood at £1.5bn on 31 March 2022 - two years on from it recording the mega deficit that has led to the ongo...
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