Russia-related investments
A statement from USS in relation to its Russian-related investments following the invasion of Ukraine.
A statement from USS in relation to its Russian-related investments following the invasion of Ukraine.
At a hearing yesterday (Monday, 28 February 2022) in the claim brought by two members of the Universities Superannuation Scheme for a derivative action against the directors of the trustee, the judge ordered a future hearing for both sides to attend to determine whether permission should be given for the claim to proceed. This was after initially refusing to allow even this step when the application was made on the papers.
Universities Superannuation Scheme, the UK’s largest private pension scheme by assets under management, is today announcing important interim targets to achieving its ambition to be net zero for carbon generated by its investments by 2050, if not before.
Universities Superannuation Scheme Limited – the trustee of the UK’s largest private pension scheme by way of assets today announces the appointment of Alain Kerneis as a new trustee director.
USS Investment Management, the wholly-owned investment arm of the Universities Superannuation Scheme, today announces its intention to introduce a climate “tilt” to a portion of the Global Developed Markets Equity component of the defined benefit and defined contribution funds held by the scheme. This change will affect over £5bn of assets under management.
The Universities Superannuation Scheme (USS), has further demonstrated its commitment to UK infrastructure by increasing its stake in Thames Water, the country’s largest water and wastewater company with 15 million customers in London and the South East.
Universities Superannuation Scheme Limited – the trustee of the UK’s largest private pension scheme by way of assets – confirms the appointment of Ellen Kelleher as a new trustee director and the retirement of Rene Poisson from the USS Board.
Everyone at USS is motivated by a clear duty to keep members’ valuable pensions funded, so that members – and employers – can save for the future with confidence. We understand the concerns of USS members, faced with proposals connected with the 2020 actuarial valuation for higher contributions or benefits that will build up more slowly in the future.
Pluto Finance, a leading specialist property lender providing finance to small and medium-sized housebuilders, is pleased to announce a substantial strategic investment by the Universities Superannuation Scheme (“USS”), the UK’s largest private pension scheme with over £80bn assets under management.
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