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Latest corporate news

Keep up to date with the latest corporate news from USS

  • USS announces new Group Chief Executive

    Carol Young will succeed Bill Galvin later this year as Group Chief Executive of Universities Superannuation Scheme Limited, the largest private pension scheme in the UK by assets.

  • USS publishes latest monitoring report

    USS has published a note from Bill Galvin, Group Chief Executive, updating sponsoring employers on the scheme’s latest Financial Management Plan monitoring report – which gives an indication of the funding position at the end of December 2022.

  • The 2022 Institutions’ Meeting

    USS held its latest Institutions’ Meeting recently, giving the scheme’s sponsoring employers the opportunity to hear about the trustee’s performance and priorities, and to ask questions.

  • USS achieves Customer Service Excellence accreditation

    Universities Superannuation Scheme Limited (USS) – the trustee company of the largest private pension scheme in the UK by assets – has achieved the Customer Service Excellence (CSE) quality mark.

  • USS statement in response to recent media coverage on Liability-Driven Investment (LDI) strategies

    Some UK defined benefit (DB) pension schemes have been experiencing liquidity issues linked to Liability-Driven Investment (LDI) strategies and recent unprecedented changes in the value of index-linked UK government bonds.

  • USS statement on Gilt markets

    From a funding perspective, interest rate rises are having a positive impact – but the volatility in the UK market clearly driven by recent government announcements makes it very difficult to establish a long-term view.

  • USS Chief Executive announces decision to step down in 2023

    Bill Galvin has informed the USS Board of his decision to stand down as the scheme’s Group Chief Executive.

  • FRC gives USS its stamp of approval on high standards of stewardship

    USS has retained its position as a signatory to the Financial Reporting Council’s (FRC) Stewardship Code.

  • USS agrees Butlin’s ground rent deal

    USS completes £300m ground rent agreement to acquire Butlin’s real estate sites at Skegness, Minehead and Bognor Regis.

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