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Universities Superannuation Scheme Limited – the trustee of the UK’s largest private pension scheme by way of assets – today announces a number of board changes including the official start date of new Chair, Dame Kate Barker.

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

Universities Superannuation Scheme Limited (USS) – the trustee of one of the largest pension schemes in the UK – is delighted to announce Sandra Carlisle as the new Head of Responsible Investment at USS Investment Management Limited (USSIM), the principal investment manager and adviser to the scheme.

USS announced its Net Zero ambitions in May this year. Simon Pilcher, CEO of the wholly-owned investment subsidiary, USS Investment Management, explains what has happened since.

Essential details of how the scheme works and what it means to be a member

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.

When taking investment risk to fund the pensions promised to members, we are relying on the scheme’s sponsors – its participating employers – to effectively underwrite that risk.

You have different options open to you depending on your age. And even if you’re not able to start taking your benefits yet, there are things you can do to prepare yourself for your future.

USS will ensure your loved ones are looked after if the worst were to happen.