Tag Archives: #USS

USS is in a mess but not a mess like Biden’s.

  Take a look at these two pictures, they both show strike action over pensions. The picture on the left is of a university lecturer protesting over cuts and contribution hikes to the USS, the picture on the right is … Continue reading

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The USS valuation and a way forward

The controversy over the University Superannuation Scheme’s current valuation sums up all that’s gone wrong with defined benefit pension schemes. Let’s start with the view of John Kay, one of Britain’s most respected and outspoken economists. John Kay, one of … Continue reading

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Nick Hillman’s “USS trilogy” reviewed

HEPI (the higher educational policy group) has published three blogs on its website authored by Nick Hillman (pictured). The website hasn’t attracted much comment so I asked Con Keating to send me his. “Idiosyncracy” as a euphemism. When I accepted … Continue reading

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Another expert – Woon Wong- finds USS accumulating surplus assets.

Universities’ superannuation fund is accumulating surplus assets – Woon Wong. 19 Jan 2021   Woon Wong1  believes  that the valuation of the USS’s liabilities and the call for higher payroll contributions are incorrect. Woon argues that the scheme is entirely … Continue reading

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Weathering the Storm

Iain Clacher & Con Keating As part of our Funding Code research, we searched for academic or practitioner papers covering long-term expected returns forecasts. We were particularly interested in the ex post accuracy of these forecasts. We found none which … Continue reading

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