Bill Galvin

PP brings together all the appointments in the pensions industry over the past week

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

Scheme says favourable market conditions may result in a higher scheme surplus

Carol Young named as new CEO and will succeed Bill Galvin later this year

USS says future investment return expectations can be expected to reduce

University staff have called for the reversal of USS pension cuts after its surplus grew

Bill Galvin will step down in 2023, after a decade in the role

Largest private pension scheme continues on path to strengthening reserves

Comes ten months after the scheme announced its initial net-zero target

A 1.2 point increase average was recorded across pension providers