Clear employer support for JEP recommendations, says UUK

Following its recent consultation, Universities UK (UUK) has announced  that 'it is clear that there is support from most employers for the JEP's recommendations, subject to further details about risk and a favourable response from the USS Trustee and The Pensions Regulator.'

UCU's superannuation working group (SWG) which negotiates with UUK has previously endorsed the joint expert panel (JEP) report and recommendations as the basis for negotiation and this position and the union's existing policy was endorsed by an advisory conference on USS held by UCU this week.