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Why we vote. Exercising the right to vote is a key part of being a steward of the companies in which we invest. Having the right to vote on decisions made by the boards of these companies is one of the most effective tools we have for holding them to account and encouraging good governance.

We’ve recently published our 2026 Stewardship Report. This looks at our stewardship activities during the reporting year; it also aligns with the new UK Stewardship Code 2026.

We’ve recently published our 2026 Stewardship Report. This looks at our stewardship activities during the reporting year; it also aligns with the new UK Stewardship Code 2026.

Keep up to date with the latest corporate news from USS.

Universities Superannuation Scheme has published its annual Report and Accounts, covering the financial year to 31 March 2026, detailing the Scheme's continued financial strength, robust investment performance, high levels of member and employer satisfaction, and good value for money.

View our current and previous Report and Accounts and our member summary videos.

View our current and previous Report and Accounts and our member summary videos.

Complete this form if you would like to take a cash payment.

When a member retires, they can choose a reduced pension to maximise the one-off, tax-free (up to a certain limit) cash lump sum they can take, up to a maximum of 25% of the value of their benefits.