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Planning for your future’s tough enough without industry phrases getting in the way. Check out some of the most common.
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Since you may be new to the Investment Builder, check out how the defined contribution (DC) part of USS works and how it stacks up against other DC pension schemes.
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Subject to certain exemptions, if you apply to access or transfer your Investment Builder pot and/or MPAVC savings, or if you contact us about an application, we’re required by law to direct you to Pension Wise guidance. This is called the ‘Stronger Nudge’ and it’s the law for schemes which provide a defined contribution part, like USS.
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Changes to USS pension benefits
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Watch our videos to find out how the JNC’s proposed changes could affect your pension, if implemented.
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UUK has completed a consultation with employers on options to address the scheme’s funding challenges. These options include your employers giving more commitment and financial backing to USS and possible changes to future benefits. We’re now looking at how this may impact contributions.
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A vital way that we find out what USS members think and want, is through Member Voice. It’s an online forum where you can give us your views, test new ideas, and help make our communications and services as member-friendly as possible.