Universities Superannuation Scheme
The Universities Superannuation Scheme (USS) is one of the largest principal private pension schemes in the United Kingdom for universities and other higher education institutions. It is a hybrid pension scheme combining elements of both defined benefit and defined contribution plans. Established in 1974, the USS provides retirement benefits to a wide range of staff from universities, including academic and equivalent administrative staff. The defined benefit component of the USS provides a secure pension based on a member’s salary and length of service, while the defined contribution part depends on the amount contributed and investment returns. The scheme is notable for its large scale and significant influence in the higher education sector, managing substantial assets to secure pensions for its members.
Company background (public record)
The company was incorporated at Companies House on 18 April 1974 under company number 01167127. Its status at Companies House is recorded as active.
Registered office: Royal Liver Building, Liverpool, L3 1PY.
Nature of business (SIC): 65300.
Company timeline (public record)
Key dated events for this firm, drawn from public records. Each entry shows its source.
| Date | Event | Source |
|---|---|---|
| 18 Apr 1974 | Company incorporated | Companies House |
| 01 Apr 1993 | Raymond Percival St George Cazalet resigned as director | Companies House |
| 01 Sep 1994 | Kenneth John Richard, Dr Edwards appointed director | Companies House |
| 01 Oct 1995 | Graeme John, Professor Davies resigned as director | Companies House |
| 01 Apr 1996 | Graeme John, Professor Sir Davies appointed director | Companies House |
| 01 Aug 1996 | Alexander Scott Bell appointed director | Companies House |
| 31 Mar 1997 | Kenneth John Richard, Dr Edwards resigned as director | Companies House |
| 30 Sep 1997 | Christine Joyce, Dr Challis resigned as director | Companies House |
| 01 Oct 1997 | Janet Angela Crum Ewing appointed director | Companies House |
| 31 Mar 1999 | Kenneth Francis Dibben resigned as director | Companies House |
| 01 Dec 2001 | Paul Victor Falzon Sant Manduca approved by the FCA at the firm | FCA Register |
| 01 Dec 2001 | Janice Anne Robe approved by the FCA at the firm | FCA Register |
| 01 Dec 2001 | Peter Geoffrey Moon approved by the FCA at the firm | FCA Register |
| 01 Dec 2001 | Thomas Edmund Naughton approved by the FCA at the firm | FCA Register |
| 06 Nov 2012 | FCA status recorded as: No longer authorised | FCA Register |
| 01 Sep 2020 | Paul James, Professor Sir Curran appointed director | Companies House |
| 01 Sep 2020 | Helen Marina Shay appointed director | Companies House |
| 01 Feb 2021 | Russell Clive Picot appointed director | Companies House |
| 01 Mar 2021 | David Charles Hunter Watts appointed director | Companies House |
| 31 Aug 2021 | Kevin James, Dr Carter resigned as director | Companies House |
| 01 Sep 2021 | Marian Bronwen D'auria appointed director | Companies House |
| 01 Nov 2021 | Ellen Joan Kelleher appointed director | Companies House |
| 24 Jan 2022 | Alain Kerneis appointed director | Companies House |
| 01 Oct 2022 | Michael John Burt appointed secretary | Companies House |
| 01 Oct 2022 | Nicola Jane Katherine Mayo resigned as secretary | Companies House |
| 01 Apr 2024 | Adam Thomas, Professor Tickell appointed director | Companies House |
| 31 Jul 2024 | Andrew Charles Brown resigned as director | Companies House |
| 12 Aug 2024 | Samuel John, Dr Marsh appointed director | Companies House |
Focused on the firm’s early history and the events leading up to and following its failure. 44 routine entries from its active years are omitted.
Who was involved?
The following individuals are listed on public records in connection with the firm. These are matters of public record only and their inclusion does not imply any wrongdoing by any named person.
- Paul Victor Falzon Sant Manduca. Listed on the FCA Register as having held CF21 Investment Adviser (01/12/2001 to 30/06/2002) at the firm.
- Janice Anne Robe. Listed on the FCA Register as having held CF10 Compliance Oversight (01/12/2001 to 01/11/2012) at the firm.
- Peter Geoffrey Moon. Listed on the FCA Register as having held CF29 Significant management (10/12/2008 to 01/09/2009), CF30 Customer (01/11/2007 to 30/04/2010), CF27 Investment Management (01/12/2001 to 31/10/2007), CF8 Apportionment and Oversight (01/07/2003 to 31/10/2007) at the firm.
- Virginia Anne Holmes. Listed on the FCA Register as having held CF2 Non Executive Director (01/09/2005 to 01/11/2012) at the firm.
- Alastair Muir Russell. Listed on the FCA Register as having held CF2 Non Executive Director (01/10/2007 to 31/08/2009) at the firm.
- Thomas Edmund Naughton. Listed on the FCA Register as having held CF27 Investment Management (01/12/2001 to 31/07/2002) at the firm.
- Scott Donald Cargill. Listed on the FCA Register as having held CF30 Customer (24/05/2011 to 01/11/2012) at the firm.
- Fraser John Slater. Listed on the FCA Register as having held CF27 Investment Management (01/12/2001 to 20/04/2007) at the firm.
- Arne Hassel. Listed on the FCA Register as having held CF30 Customer (29/03/2012 to 01/11/2012) at the firm.
- Jason Conway Fletcher. Listed on the FCA Register as having held CF30 Customer (01/11/2007 to 01/11/2012), CF27 Investment Management (01/12/2001 to 31/10/2007) at the firm.
Review page sources: FCA Register (FRN 121959) · Companies House (01167127). Public records, provided for transparency.
