US pensions consultancy firm launches in UK

US pensions consultancy firm launches in UK

Buck, a New York headquartered pensions consultancy, has launched a UK organisation that will provide consulting, administration and technology services.

With offices across the country, the company will provide actuarial and investment consulting services to trustees and company sponsors of UK pension schemes, and also outsourced/co-sourced pensions administration.

These will be available to defined benefit and defined contribution schemes.

Buck will also be offering an employee benefits programmes, which increase staff engagement and motivation, bosses said.

This service will be supported through innovative technology and data analytics solutions that not only streamline the benefits process, but also provide insights from and connect the disparate data present in many HR departments, it added.

According to David Piltz, UK managing director at Buck, financial and personal wellbeing are key issues that both trustees and employers need to prioritise in the coming years.

He said: "Whether it is providing an effective pension fund risk management strategy, or offering opportunities for individuals to better understand their personal finances, we aim to exceed our clients' expectations by being nimble and easy to do business with, and combining our vast expertise with the very latest technology and decisioning tools."

Jack Freker, chief executive at the consultancy firm, said: "At Buck, we are dedicated to working with organisations to meet the changing expectations of their people by drawing upon on the breadth of expertise and talent within our team whilst looking to the future through our technology innovation.

"Our UK business has always been fundamental to the strength and growth of our organisation and I’m confident that this new chapter in our history will build upon this as we continue to evolve and expand."