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The Universities Superannuation Scheme is a pension scheme in the United Kingdom with £89.6 billion under management as of August 2021 [1] (up from £67 billion in 2019 [2]).
The Universities Superannuation Scheme was created in 1974 to provide sector-wide pensions for UK university staff (focusing on academic staff). [19] Its terms changed little until 2011, when major reforms were implemented, followed by further changes in 2014–15.
More staff could be priced out of their pension scheme amid changes being put forward by the Universities Superannuation Scheme, sector leaders warn.
McGaughey and Davies v Universities Superannuation Scheme Ltd and Directors [2023] EWCA Civ 873 is a UK company law, climate litigation, and pension law case, seeking permission for a derivative claim to enforce duties of the directors of the UK university pension fund, USS Ltd. The case was first to sue for directors of a major UK corporation ...
UniSuper was founded in 1 October 2000, as a result of a merger between the Superannuation Scheme for Australian Universities (SSAU) and the Tertiary Education Superannuation Scheme (TESS). Prior to the merger, UniSuper had been the trustee for the SSAU. [2]
Three Ivy League universities, ... More Ivy League universities settle suit alleging financial aid 'scheme' led to admitting wealthier students. Rob Wile. January 24, 2024 at 11:26 AM.
The University and College Union (UCU) is a British trade union in further and higher education representing over 120,000 academics and support staff. [ 2 ] UCU is a vertical union representing casualised researchers and teaching staff, "permanent" lecturers and academic related professional services staff.
Hutton became a director of the Universities Superannuation Scheme on 1 November 2015. [5] [6] On 21 May 2019, it was revealed that, in her capacity as a non-executive director on the USS board of trustees, she had in March 2018 complained to the Pensions Regulator, alleging that her efforts in 2017 to check whether the USS deficit had been miscalculated had been frustrated by delays and ...