"Today's decisions will lead to union members being consulted on whether to support the establishment of the Joint Expert Panel. This panel will help to build confidence in the valuation process and assumptions. It will also give time to pause, to reflect and to rebuild the trust that has been damaged over the past few months."
"Employers have indicated their support for this proposal, however, this is conditional on the suspension of industrial action. We expect the union to provide urgent clarity on the action planned for the week of the 16th April. Suspension of this action would be a huge relief to students ahead of the main examination period."
"If supported by UCU members, a jointly agreed chair will be appointed as soon as possible to oversee agreement of the Panel's terms of reference, order of work and timescales."
"Together with UCU, we will seek support for the Panel from the USS Trustee and the Pensions Regulator, recognising their statutory duties."