The Universities Superannuation Scheme has acquired a portfolio of 3,000 shared-ownership residences from Sage Homes.
Institutional investors say Ofwat inaction is preventing them from providing further funding to the beleaguered utility.
The proposed reduction would cut the combined employer and employee contribution rate to 16.2% from 31.4%.
The Universities Superannuation Scheme had stored participants’ details on Capita’s Hartlink platform, yet states ‘USS member data … has not been compromised.’
UK’s largest pension plan will shun investments, like tobacco and coal, it deems ‘financially unsuitable.’
CalSTRS, USS, Japan’s GPIF warn public companies and asset managers to adapt or die.
UK’s largest private pension opens £17 billion portfolio to 85,000 defined contribution members.