We are currently holding a full valuation to establish how we plan to pay the benefits promised to our members over the coming decades. To the extent we plan to rely on uncertain investment returns, the process involves trying to predict how financial markets might perform over time.
Reflecting the long-term nature of the pension arrangements of our members, we take a long-term approach to investment strategy. The overall balance of our investments in the defined benefit (DB) section reflects the primary objective of any DB pension: to provide members with a set inflation-linked income for life in retirement, regardless of what happens to the economy in the future.
In early May, USS announced its first investment in solar energy. Mike Powell, Head of Private Markets, explains why renewable energy is a growing area of focus for investment.
Climate change is one of, if not the most significant challenge facing our society today, says David Russell, Head of Responsible Investment at USS. Here he explains what we are doing about it.
We are currently holding a full valuation to investigate if and how we can expect to have enough money to pay the benefits promised to our members over the coming decades. To the extent that we plan to rely on investment returns to pay our members’ benefits, the process involves trying to predict how financial markets might perform over time.
The ability to innovate is one of the key benefits of an internal team and we take this seriously as we strive to create the best possible products for our members.
Changes made to the our asset allocation before, and during the pandemic, made a positive impact on performance as we continued to build on our liability-matching capability.
While investors may have made the most of the “Biden bounce”, the rapid “V-shaped” economic recovery which has already been priced into many economic models, still seems some way off.
We held our annual Institutions’ Meeting on Thursday 10 December 2020. The ‘virtual’ meeting provided us with an opportunity to update our sponsoring employers on how we’ve performed, the work we are doing to improve the services we provide, and our perspective on how we can deliver on our mission: to work with Higher Education employers to build a secure financial future for our members and their families.