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Tag Archives: USS
Otsuka finds balm for USS’ “forty year itch”
With remarkable restraint , Mike Otsuka reports on conversations he’s had with the USS on unknown unknowns. We do not know what the future brings, but past performance suggests that universities do not fail as people need higher … Continue reading
University pensions! – Stay collective! Stay open!
Another good day for pensions! Yesterday was a good day for the collective pension scheme in Britain. I had breakfast at Cicero’s offices in the Old Bailey (not the courts). I was able to hear our Pensions Regulator talk openly about … Continue reading
Why the USS got itself into trouble ( Mike Otsuka).
Mike Otsuka’s extraordinary diligence in understanding the pension scheme he is a member of, is an example to us all. In this article he delves into the archives and uncovers some disturbing statements. They shed light on the current “unaffordability” of … Continue reading
USS – thoughts from off the campus
The situation at USS is like a medieval siege, where both sides are at Parlez. The threat of violent action has not gone away, but the talking holds some hope of a resolution. Since the nuances of those talks are … Continue reading
“Too prudent for its own good” – how under-risking DB schemes causes new problems.
Someone , somewhere on the multiple threads surrounding USS, has asked me if I think that transfers out of USS are likely to be the next miss-selling scandal. I think it unlikely, and to explain why, I need to explain … Continue reading
“If not ACAS – who?” No end in sight to the USS dispute.
The dispute between the University employers (UUK) and their teaching staff (UCU), shows no sign of resolution. Indeed, with students breaking for their Easter holidays, impulsion for a settlement has now reduced. There would have been little teaching done over … Continue reading
Bill Galvin , stop whingeing to the FT and come down here!
Bill Galvin would be well-advised not to snipe at social media for peddling misconceptions about the University Superannuation Scheme. Dennis Leech, Professor of Economics at Warwick concludes a recent article with the question will this independent group be subject to … Continue reading
Posted in pensions, USS
Tagged Bill Galvin, first actuarial, ft, Hilary Salt, pensions, social media, USS, UUK
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When enough isn’t enough – thoughts on #NoCapitulation
Is the USS really in crisis? I was disappointed to read that the University strike isn’t over. But it isn’t and Jo Cumbo hits the nail on the head. “Majority of members wish to reject the proposal as insufficient.” What … Continue reading
A Masterful letter from Athene Donald.
Athene Donald, the Master of Churchill College Cambridge has written a letter to Alistair Jarvis at UUK. It talks of clarity and is a model of clarity. It expresses in a few word, a concern voiced several times on this … Continue reading
