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Felicity Callard @felicitycallard
, 4 tweets, 4 min read Read on Twitter
Given importance of HE sector "there may be a case for future governments to consider alternative options" (incl "state-backed guarantee" or "measures enabling more risk-taking"). Powerful piece from @JMariathasan on #USS DB debate post-#JEP ipe.com/analysis/blogs… #USSstrike 1/
Article argues that central problem lies in regulatory changes that transformed management of a DB pension scheme into "a risk management problem, not an investment one" 2/
Note that @JMariathasan states that "the underlying issues that gave rise to the passionate debate & industrial action [over #USS] have not actually gone away" AND argues that larger (governmental/regulatory) changes might be necessary to address these ipe.com/analysis/blogs… 4/4
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