Rosier outlook for UK sector finances with pension changes excluded
‘Reassuring’ analysis reveals that sector is in surplus when pension provision changes are excluded from financial accounts
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Strikes paused after breakthroughs in pay and pensions disputes
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
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USS whistleblower sacked from pension fund board ‘unlawfully’
Jane Hutton tells tribunal that months of her concerns being rebuffed forced her to become a whistleblower and disclose information to outside sources
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Glasgow prepared to pay more to avert further USS pension strikes
University and union branch offer ‘exit strategy’ as further walkouts prepared in long-running dispute
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V-cs ‘seriously underestimated’ USS pension cuts, study claims
Those who earn less than £40,000 a year face losing about 30 per cent of the value of their pension, according to ‘first global analysis’
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Next USS valuation ‘could come sooner’ as pension fund value soars
Improved benefits or lower contributions could be possible if positive pension fund scheme performance continues
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UCU marking boycott to go ahead after members reject offer
Academics to refuse to assess students’ work for an indefinite period, posing threat to this year’s graduations
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Despite the financial turmoil, there is still scope for improved UK pensions
Although available information on USS finances is patchy, scope appears to remains for restored benefits or reduced contributions, says Michael Bromwich
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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
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Pensions: Universities Superannuation Scheme now reports surplus
Biggest sector fund believes it is £1.8 billion in the black, after fears of multibillion-pound deficits led to cuts to benefits
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‘Rethink needed’ on UK pension cuts as USS scheme rebounds
Improving deficit of Universities Superannuation Scheme post-pandemic strengthens case for further valuation, says union
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USS may be able to cut contributions, enhance benefits – or both
But rising inflation means that the pension scheme’s recently reported funding position is likely to be over-optimistic, says Bill Galvin
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Better USS pensions may be possible – but not just yet, say v-cs
Universities UK says contributions could be cut or benefits increased as USS finances bounce back after pandemic, but unions want reforms to be cancelled now
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‘Blindsided’ UCU members say pause in strike action ‘unjustified’
UCU leadership criticised for making ‘unilateral’ decisions as academics scramble to get back to work
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USS posts ‘robust’ accounts but members lose faith over cuts
Only 17 per cent of those enrolled in UK’s largest higher education pension scheme reported positive relationship after changes to retirement benefits