Universities Superannuation Scheme Limited – the trustee of the UK’s largest private pension scheme by way of assets – has agreed the terms of a major investment in bp’s freehold property estate of 199 UK forecourts.
The Trustee of USS has today launched a consultation with Universities UK (UUK) on key aspects of the pension scheme’s 2020 valuation.
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.
Universities Superannuation Scheme has published its 2020 annual Report and Accounts, noting strong long-term investment returns but a sharp rise in its funding deficit due to the impact of COVID-19.
USS, the largest private pension scheme in the UK, is appointing the former CEO of Church Commissioners for England as a non-executive director.
Sir Andrew Cubie has retired as Chair of USS’s Joint Negotiating Committee (JNC). He will be succeeded by Judith Fish of Dalriada Trustees Limited, an Accredited Professional Trustee and Fellow of the Institute and Faculty of Actuaries who has more than 25 years’ experience working in pensions as a scheme actuary, corporate adviser, employer and as a trustee.
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.
USS Investment Management Limited, acting on behalf of the Universities Superannuation Scheme (‘USS’) – the UK’s largest private pension scheme by way of assets – has today announced plans to exclude and, where necessary, divest, from companies in sectors that have been deemed financially unsuitable for the pension scheme over the long-term.
Global energy company Shell has committed to take significant additional action on climate change, including a commitment to achieve net zero emissions. This is the outcome of engagement with investors as part of Climate Action 100+, led by the Church of England Pension Board and Robeco with the support of other investors, including USS and APG on behalf of ABP, among others.
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