USS assets under management fall to £75.5bn

Scheme’s DB section reported £15.9bn loss in 2023 due to negative investment return

Martin Richmond
clock • 3 min read
USS assets under management fall to £75.5bn

The Universities Superannuation Scheme’s (USS) overall assets under management (AUM) have decreased to £75.5bn, according to its latest results.

In its 2023 report and accounts, which covers the year to 31 March 2023, the scheme reported the AUM of its defined benefit (DB) section, the Retirement Income Builder, decreased from £88.9bn in 20...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

TPR extends oversight to professional trustee firms, FCA greenlights two LTAFs, Lloyds longevity hedging transactions

Professional Pensions
clock 04 April 2025 • 1 min read
L&G achieves Living Pension employer accreditation

L&G achieves Living Pension employer accreditation

Commitment will see employees receive minimum 7% company pension contribution

Holly Roach
clock 04 April 2025 • 2 min read
News Digest: Hackers strike Australia's largest pension funds in coordinated attacks; Councils cut contributions

News Digest: Hackers strike Australia's largest pension funds in coordinated attacks; Councils cut contributions

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 04 April 2025 • 1 min read
Trustpilot