Tag Archives: USS

Is the tide turning in favour of pensions?


As we reach the last few weeks of the year, I’ve been looking at the stories that are dominating the pension landscape and increasingly they are positive. Despite UK and global equity markets being down on the year, pensions are … Continue reading

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Do academics have special rights of pleading?


Peer review is the evaluation of work by one or more people of similar competence to the producers of the work. It constitutes a form of self-regulation by qualified members of a profession within the relevant field. Peer review methods … Continue reading

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Schools staring into a pension “abyss”


  Contrary to indications that the Teachers’ Pension Scheme (TPS) employer contributions for 2019-20 would be set at 19.1%, schools have now been told  that the figure from September 2019 will be 23.6%. The Teachers Pension Scheme, along with all … Continue reading

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The public debate on USS is elevated by King and Kay.


Exclamation: Master @JohnRalfe1! Mervyn King has now joined UCU and is spouting what you call “#USS #smokescreen and pure #UCU #bollocks“! Calling Bazooka @mikeotsuka and Plowman @henryhtapper https://t.co/OFuewk3ER7 — John Ralfebot (@Ralfebot) September 6, 2018 One of the joys of … Continue reading

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“The way we were” – Mike Otsuka calls for USS to return to Topper form.


Here I distill my threads of the past few days into a single message: the @FirstActuarial & @ucu approach to the investment and valuation of #USS is not some radical new theory. Rather, it’s in line with the way #USS … Continue reading

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#beetroots, #biscuits – how the battle for truth @USS is being won.


I find myself embedded in a bizarre discussion on #transparency between some of the brightest bods on twitter. This ill becomes me, I am out of my depth, a TUC cracker in the posh biscuit barrel. #beetroot #biscuits pic.twitter.com/Hywkpf8U2W — … Continue reading

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Bill Galvin – on accountability at #USS


If Jo Cumbo hadn’t mentioned it I’d have missed it. Bill Galvin- erstwhile CEO of the Pensions Regulator and now boss of the University Superannuation Scheme wrote a thought piece on the USS blog – it’s here. It’s a meditation … Continue reading

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FABI surplus continues to soar, as USS accounting deficit falls dramatically.


Much like daily temperatures , First Actuarial’s Best estimate (FAB) Index soared through  June , and the heat is on for those who’ve weaponised accounting deficits. The Universities Superannuation Scheme (USS) has announced a dramatic fall in 2018. The FAB Index – which provides … Continue reading

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The Financial Scientologists


  Paul Lewis is absolutely right in attacking the dogmatism that religion creates. People may be spiritual, without imposing their views on others, but when someone’s dogma overtakes their sense of humanity, they become strangely inhuman. This is what accounts … Continue reading

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Reckless Prudence; How to break a pension system


George Cooper has just produced an article, re-published here, which I very much enjoy. I’m not the only one. Every #USS member should read @FixingEconomics‘s “Reckless Prudence: How to break a pension system” (link). Some quotes and comments in the … Continue reading

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