USS statement on the outcome of the EU referendum


Following the EU referendum result, USS will be closely monitoring developments with regard to the UK Government’s negotiations with Europe.

USS is a long term investor, globally diversified and backed by a substantial covenant from the Higher Education sector. We had already taken some steps in anticipation of turbulence and expect considerable further uncertainty for a period. We have also taken steps to ensure that short term market turbulence has minimal impact on the scheme’s efficient operation. We will monitor political and market developments closely, but don't expect to make any fundamental changes in the immediate post referendum period.

We are ready to act in the best interests of employers, members and the wider higher education sector as developments occur.

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