USS chief executive Bill Galvin to step down next year
Head of UK higher education’s biggest pension scheme to depart once successor is appointed
Head of UK higher education’s biggest pension scheme to depart once successor is appointed
The good, the bad and the offbeat: the academy through the lens of the world’s media
Bill Galvin receives overall pay packet of £790,000, one of 212 pension fund staff paid more than £100,000
Outsourcing firm used by UK’s largest academic pensions scheme targeted in cyberattack
All sides hail significant progress, with phasing-out of zero-hours contracts and higher wages for lower paid to be discussed in two-week talks
Although available information on USS finances is patchy, scope appears to remains for restored benefits or reduced contributions, says Michael Bromwich
Biggest sector fund believes it is £1.8 billion in the black, after fears of multibillion-pound deficits led to cuts to benefits
But rising inflation means that the pension scheme’s recently reported funding position is likely to be over-optimistic, says Bill Galvin
Only 17 per cent of those enrolled in UK’s largest higher education pension scheme reported positive relationship after changes to retirement benefits
Warwick statistician drops employment tribunal case without settlement
Improved benefits or lower contributions could be possible if positive pension fund scheme performance continues
Universities Superannuation Scheme will develop ‘meaningful short-, medium- and long-term targets’ towards carbon neutrality
Proposals put forward in consultation could reduce increase in contributions from about 50 per cent to 34.7 per cent, according to fund chief executive
Universities UK says increases are unaffordable for employers and risk pricing even more staff out of scheme
Academics may wish we weren’t here, but burying heads in the sand about the depth of the deficit is no longer viable, says Bernard Casey