26 September 2018 
Karel Thomas, Executive Director
Whilst institutions whose staff are mainly in public sector pension schemes have not paid as much attention to pensions cost issues (until now), employer members of USS have been perusing the JEP report, published earlier this month. UUK has now published the consequent consultation and would like every employer to respond. With a closing date of 30th October, internal discussions and consultations to establish "the formal view of the employer" will dominate the new academic year with risk appetite and affordability high on agenda. The USS employers' website has some good information on it, accessible to everyone, but as all institutions are different, assessing "appetite for risk" might mean some help is needed. Actuaries and advisers come in all shapes and sizes, but they all work best when their client has worked through the issues themselves first...
