Articles - Buck appointed to Manchester Airports Group


 Buck Consultants announces that it has been appointed to provide actuarial, consulting, investment consulting and administration services to the Trustee of the MAG (STAL) Pension Scheme, a new £100m defined benefit pension scheme. The arrangement is being set up specifically to provide pension and life assurance benefits to the Manchester Airports Group PLC’s (MAG’s) new employees following its recently announced acquisition of Stansted Airport. 

 Services will be provided locally from Buck’s Manchester office with investment consulting services provided centrally from Buck’s London headquarters.

 Mark Cliff, MAG’s newly appointed Head of Pensions, commented: “Buck’s commitment, expertise and enthusiasm really came through throughout our selection process and we believe Buck is well-placed to deal with the complexities involved. Indeed we have already made good progress in preparing for the commencement of the new scheme, which will be rolled out to employees over the next month.”

 Commenting on the appointment David Piltz, Buck’s Market Leader in Manchester said: We are delighted to be appointed to work with MAG and the Trustees on this vital project and recognise the importance of effecting an efficient and accurate new scheme set up to make a great impression to MAG’s new employees.”
  

Back to Index


Similar News to this Story

Design Thinking in practice starting with Empathy
You may ask “But why bring empathy into pensions?”. Checking your projected pension or receiving a correct payment each month - surely this is all jus
World Insurance Sigma 2025 Outlook
Discover the key findings from Swiss Re’s World Insurance Sigma 2025 Outlook. In this short video, Swiss Re Group Chief Economist Jerome Haegeli explo
Stewardship a time for real action not tick box reporting
Stewardship has become central to responsible investment, but real stewardship goes beyond box-ticking exercises and annual reports. Stewardship is at

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.