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Investment in Private Market assets provides investment opportunities not available in public markets.
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Universities Superannuation Scheme Limited – the trustee of the UK’s largest private pension scheme by way of assets – has appointed Lindsey Matthews to the Group Executive Team, as the new Chief Risk Officer. Subject to regulatory approval, he will take up the role on 21 September.
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Don’t worry there’s nothing you need to do – we’ll be gradually introducing and expanding our Private Market assets in the Investment Builder over the next year.
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Capita previously reported a cyber incident involving hackers targeting some of its computer servers. Capita have identified from their investigations that personal data of USS members was exfiltrated (i.e., accessed and/or copied) by the hackers. To help members monitor their personal information for certain signs of potential identity theft, they will be given access to a leading identity protection service, free of charge, and we are writing to them this week setting out how that will work.
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The stock market fluctuations have impacted the funding level of the scheme, but this does not affect our ability to pay the pensions promised to members.
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You can make changes to your Investment Builder funds at any time in My USS.
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Once you’ve agreed it with your employer, we’ll treat you in the same way we would if you were still in work.
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Watch the videos that answer your questions and provide more information on how we’re responding to COVID-19 and on the 2020 valuation.
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Our retirement checklist will help you understand how to prepare for your future.