Monthly Archives: August 2011

Union accuses employers of ‘trickery’ as pension pot proves far from empty

University employers say that the UK sector’s £30 billion pension fund is performing better than expected – proof that “draconian” cuts to benefits were not needed, a union has claimed. More: Union accuses employers of ‘trickery’ as pension pot proves … Continue reading

University pension scheme hands CEO £50,000 as members revolt

USS, the pension fund embroiled in a bitter row with university lecturers over pension terms, has created further contoversy by awarding its chief executive a £50,000 bonus for his hard work during a “demanding year”. http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/8677981/University-pension-scheme-hands-CEO-50000-as-members-revolt.html