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2024-03-04 | Current Affairs

U.K.’s Largest Pension Fund Warns Against Government Reforms 

Today’s News  The chief executive of the Universities Superannuation Scheme, the U.K.’s largest private sector pension scheme, has cautioned against excessive government intervention in managing retirement funds.   Carol Young, leading the GBP 73 billion (USD 92 bn) scheme, expressed her support for new disclosure requirements on U.K. investments but raised concerns about potential ministerial […]

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2024-01-03 | Current Affairs

USS Pension Fund Devalues Thames Water Stake By Two-Thirds 

Today’s News  The Universities Superannuation Scheme (USS), a significant investor in Thames Water, has drastically reduced the value of its stake by nearly 62%. This move has raised concerns about the financial stability of the U.K.’s largest water distributor.  USS, a U.K. pension fund catering to over 500,000 university members, holds close to 20% of […]