Couldn't agree with you more, Henry. The unthinking suggestion that the need to improve the adequacy of retirement income results…
At the EPFIF Trustee Circle last week, a speaker from a leading investment manager talked about the "gamblification" of the…
I've got six old workplace pots scattered around and honestly the admin of merging them has put me off for…
Merawat wajah tidak cukup hanya dengan memilih satu produk skincare. Setiap tahapan memiliki fungsi yang berbeda, mulai dari membersihkan kulit,…
Tag Archives: USS
USS and Nest coming to the same solution for pensions.
USS is a major force in Britain’s delivery of pension. It has stayed open despite threats to it in the last decade and it is now thriving again. Instead of sitting back on its new found solvency it is looking … Continue reading
Enjoying doing your drawdown? “Flex and fix” is scary right now.
In a recent talk with the IFS, Paul Todd, COO of Nest, explained that Nest’s long term ambition is to pay pensions without putting at risk the pension. Only the increases payable on pensions in payment might not be paid … Continue reading
USS gives its top brass an 18% pay hike despite writing off Thames Water
The latest report and accounts for USS are out They show how the scheme is doing under a number of measures. As Toby Nangle says on BlueSky, “this is always helpful“. When I started writing about USS , 7 … Continue reading
Carol Young – a breath of fresh air at USS
Reading Carol Young’s article in Times Higher Education was a breath of fresh air after the suffocation of the past seven years of claustrophobic repression. USS has been on a financial rollercoaster, but it’s not been as much fun as … Continue reading
Money USS could lose – lessons it must learn
While USS has written down £600m from the value of its investment in Thames Water, we should not be over-worried about the future of USS the pension fund or the pensions it pays to its members. These things happen and … Continue reading
Thames Water: What Could Investors Have Known Beforehand?
Published on the day the FT broke the story that USS had written down £600m of its investment in Thames Water, EDHEC point to what went wrong and how it could have been avoided by better analysis of available data. … Continue reading
USS comes clean about its Thames Water holdings.
Interim Co-CEOs, Cathryn Ross and Alastair Cochran told the market in September “Turning around Thames will take time. We simply cannot do everything that our customers and stakeholders wish to see at a pace and for a price that … Continue reading
USS 2023 pension valuation agreed in harmony; sanity is restored
The management of USS over the past few years has been atrocious. Just how damaging can be seen from a thread produced yesterday on twitter, a thread that suggests that the new management is learning a little about member … Continue reading
USS pension dispute is over.
I am very pleased to hear that the 5 year long pensions dispute between the UCU Union and UUK over the funding and benefits arising from the USS pension scheme is over. It’s over because all sides have agreed that … Continue reading
Benefits restored as USS moves towards partial CDC.
BREAKING: 2022 cuts to pensions for thousands of university sector workers are to be reversed under an agreement between unions and the university sector.https://t.co/GXnAmgOF0T — Josephine Cumbo (@JosephineCumbo) October 5, 2023 This is great news for members of the USS … Continue reading
As I have mentioned in past posts, median tenure of American workers has been less than 5 years for the…